Ripple CEO: Facebook’s Libra faces ‘headwinds’ on trust

The CEO of Ripple, the bank transfer company behind cryptocurrency XRP, says Facebook will have a trust problem with Libra. Brad Garlinghouse told Yahoo Finance U.K., “Whatever you may think about Facebook, on the trust vector they’ve let the public down. I think that creates some headwinds and you’ve seen that manifest itself in the regulatory engagement.” Yahoo Finance’s Dan Roberts, Sibile Marcellus, Brian Cheung and Oscar Williams-Grut discuss.