European central bankers claim oversight over Facebook’s cryptocurrency

FRANKFURT (Reuters) - Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardise the financial system or be used to launder money.Facebook drew worldwide interest this week when it announced plans to introduce a cryptocurrency called Libra, part of an effort to expand into digital payments.Facebook said Libra would be backed by real-world assets, including bank deposits and short-term government securities, to make it more..