ECB’s Yves Mersch Warns Libra Cryptocurrency Is ‘Facebook’s Siren Call’

European Central Bank key legal official Yves Mersch said that Facebook’s Libra stablecoin is “beguiling but treacherous.” Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” during a speech at the ECB’s legal conference in Frankfurt on Monday.Bloomberg reported on Mersch’s remarks in an article published on Sept.…