Japanese Finance Agency Chief: Libra may pose a threat to existing financial regulation and central bank

According to Reuters, on Monday, the head of the Japanese Finance Agency, Junichi Endo, said on the Libra issue: "Libra's ultra-wide coverage population and its potential for settlement may weaken the central bank's control over currency and banking policies. It may be Financial regulation and the central bank pose a threat. We must seriously consider how these disruptive technologies will change the way financial regulators guide policies."