Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank

Facebook’s Libra has been a wake-up call for central bankers. Now one such official – Gabriel Soderberg of Sweden’s Riksbank – says cross-border payments are where policymakers need to play catch-up. “Libra showed there is a demand for something that central banks have not yet delivered, which is cheap, efficient cross-border payments,” Soderberg told CoinDesk, […]

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