Marcus Defends Libra Cryptocurrency in Latest Bid to Woo Central Banks

Facebook executive David Marcus defended the Libra cryptocurrency ahead of his meeting with the representatives of global bankers in Basel on Monday.
The co-creator said Libra is not going to challenge or undermine the sovereignty enjoyed by nations, adding that the cryptocurrency merely wants to become a “better payment network” and deliver meaningful financial services to people around the world.
Marcus explained that Libra wants to engage with regulators and respond to all their m