Bank of England to mull access for likes of Facebook’s Libra

The Bank of England is open to letting new payment services such as Facebook’s upcoming Libra hold funds overnight with the central bank, something historically limited to commercial banks. Being part of the plumbing of the financial system could be a benefit to upstarts like Libra.
— Read on ca.finance.yahoo.com/news/bank-england-mull-access-likes-173151364.html

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