European think tank expert: Libra may not be approved, but it is more likely to create another digital global currency

According to CNBC, Beatrice Weder di Mauro, director of the European Center for Think Tank Economic Policy Research, said that Facebook's Libra plan may not be approved, but it is now more likely to create a different digital global currency. She said Libra incited the central bank system. Because a global digital currency backed by the private sector suddenly became possible. That's why it may not happen, and regulators now say they won't allow it.