Expert sees Libra as a catalyst for the legal regulation of the crypto industry


AtlantisFX | Expert sees Libra as a catalyst for the legal regulation of the crypto industry

AtlantisFX | Jeremy Allaire, Co-Founder and Managing Director of payment service provider Circle, hopes Libra's Facebook (NASDAQ: FB) cryptocurrency will lead to stronger regulatory efforts by policymakers and government agencies. The corresponding statements he made on July 5 against Bloomberg.


In the interview, Allaire pointed out the various forms of cryptocurrencies, suggesting that Facebook's Stablecoin will also have a special design that makes special demands on its regulation.

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