Xinhua News Agency Financial Watch: Libra is sad to trust and supervise

According to Xinhuanet, Libra, Facebook's cryptocurrency, analysts believe that Libra faces trial and regulatory obstacles because of the unclear global regulatory path for cryptocurrencies and Facebook's own trust loopholes. Libra has renewed focus on cryptocurrency regulation for global policymakers and market players. As people's perception and acceptance of cryptocurrencies deepens, it is urgent for global regulators to introduce clear cryptocurrency regulations as soon as possible.