On Wednesday former London Mayor and ridiculous human being Boris Johnson will take over as U.K. Prime Minister. The nation’s 160,000 Conservative members were eligible to vote in the contest and 87.4% turned out to vote. This means that the 92,153 citizens who voted for Boris Johnson got to make the selection on behalf of 66 million U.K. residents. In other words, one Conservative party member got to speak for 715 citizens. The upcoming hard-Brexit date of October 31 is going to be a Nightmare on Downing Street, but Johnson could ease Britain’s currency crisis by investing in cross-border crypto payments such a Facebook’s Libra.
Facebook’s new Libra stablecoin got a break in Europe last week with the announcement that Christine Lagarde has been nominated to be the new head of the European Central Bank, says eToro’s senior market analyst, Mati Greenspan.
Less than 12 hours after it was announced, Facebook’s new libra cryptocurrency was already causing the kind of concern in European financial circles that even Bitcoin has not been able to generate.
Malta may call itself the “Blockchain Island” but it got some stiff competition on April 15 when French Finance Minister Bruno Le Maire proposed that its European Union partners “set up a single regulatory framework on crypto-assets inspired by the French experience."