Libra Needs Facebook Users to Help Break Into $714 Billion Payments Market

Libra Needs Facebook Users to Help Break Into $714 Billion Payments Market

August 27, 2019

Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, told Bloomberg that even though Facebook’s Libra would be a unified currency, “each country in the world has idiosyncratic regulatory regimes, fragmented banking standards, and a whole lot of things that throw sand in the gears that prevents the smooth transfer of money.” Read the full article here: https://bloom.bg/2ZrrYvf

For further information, please contact Cambridge Global Payments

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