![[Exclusive] Blockchain Law: Libra's attempt to denationalize money](https://images.cryptocompare.com/news/chaindd/ciocKg8g2E0.jpeg "[Exclusive] Blockchain Law: Libra's attempt to denationalize money")
ChainDD interviewed Pang Lipeng, a lawyer at Blockchain Law, about the regulatory issues that Facebook's Libra faces. Pang Lipeng told ChainDD that this was an attempt to denationalize money. However, currency issuance involves sovereign interests. Without the recognition of sovereign countries, no matter how well Libra is designed, its status may not exceed the current BTC and ETH.
