Earlier this week, US lawmaker Maxine Waters had visited Swiss officials of Libra association. She had raised a few concerns regarding the complexity and magnitude of Facebook’s plans. Also, regarding how they will manage Money Laundering, in case of future occurrence.
Swiss National Bank has taken matters under their wings. Also, it is in constant touch with Libra authorities said Fritz Zurbruegg VC on Tuesday. “At the moment, it’s difficult to perform a full analysis (of the project) because the available documents are vague and details are still missing,” Zurbruegg said. They will submit a report based on analysis soon.