financial services

How Libra can reduce the regulatory burden by delegating the issuance of stablecoins to qualified partners

How Libra Can Reduce The Regulatory Burden By Delegating The Issuance Of StableCoins To Qualified Partners

Yoni Assia, Johannes Rude Jensen and Omri Ross (E-Toro) |  With direct access to 2.7 billion users, many of whom do not have access to conventional financial services, the Libra project presents a unique opportunity for innovation in the financial services. Nevertheless, we believe the launch strategy pursued by the Libra Foundation neglects a vital implication of the technology: Decentralization.