At G7 the President of the central bank of Germany urged others to enable Libra to perform before judging it. Libra has faced many criticisms since it was launched. Weidmann, president of the central bank of Germany has positive views towards Facebook’s Libra project and he is confused that why there is so much negativity towards Libra in the US. He added that if such a project provide exactly what they advertise they can have a positive effect on the market and therefore good for the consumers.