Analysis

Facebook's Libra Unveiling Spurs Regulatory Uncertainty

Law360 (June 20, 2019, 10:10 PM EDT) -- Facebook's new cryptocurrency Libra looks to become the most widely used digital token in the world when it launches in 2020, raising questions about systemic risks it might pose and how financial regulators will act.

Early reactions from U.S. regulators and legislators about the impact Libra could have on the monetary system, as purchasing power threatens to migrate out of dollars and into the cryptocurrency, have been mixed.

U.S. Federal Reserve Chairman Jerome Powell told reporters Wednesday that he didn't expect Libra to affect the ability of central banks to carry out monetary policy, but he acknowledged the risks it could...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS