American Banking Giants Sound Off Against Libra as Monetary Threat - CoinDesk
The bankers are none too happy about the prospect of Libra coming to fruition.
Even though rather silent publicly, the banks expressed their displeasure to the Fed.
In a letter they claimed how Libra would take funds out of traditional banking and move it to "shadow banking".
This is no surprise since Libra is a threat to not only the banks but the USD.
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