Facebook's digital currency initiative
Facebook's digital currency initiative

Facebook's digital currency initiative

FT News in Focus


18.06.2019 • 8 Min.

Facebook has revealed plans for a new global digital currency, claiming it will enable billions of people around the world without a bank account to make money transfers. Patrick Jenkins discusses the initiative and what it means for the banks with Nick Megaw, Caroline Binham and Elaine Moore. Contributors: Suzanne Blumsom, executive editor, Patrick Jenkins, financial editor, Nick Megaw, retail banking correspondent, Caroline Binham, financial regulation correspondent and Elaine Moore, deputy head of Lex. Producer: Fiona Symon Hosted on Acast. See acast.com/privacy for more information.