Facebook’s Libra and The Remittance Market in the Gulf

Facebook is taking the financial world by storm with its proposed new currency, Libra. But regulators already have their doubts and some have threatened an outright ban of the digital currency before it even gets off the ground. For all the hype and misinformation about what exactly Libra is and how it fits into Facebook’s long-term business strategy, the news has focused attention on a market…