UPDATE 4-Fed chief calls for Facebook to halt Libra project until concerns addressed
09 Jul UPDATE 4-Fed chief calls for Facebook to halt Libra project until concerns addressed
Posted at 19:19h
in
News
by KMFSLLP
U.S. Federal Reserve
Chairman Jerome Powell said on Wednesday that Facebook’s
plan to build a digital currency called Libra “cannot go
forward” until serious concerns are addressed, comments that
pressured the project and dented the price of the original
cryptocurrency bitcoin.
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