Libra raises 'serious concerns': Fed chairman

Published: 12/07/2019
Libra raises 'serious concerns': Fed chairman

Facebook’s plans to launch a digital currency have come under pressure from the US federal reserve chairman, who warned that the plan “cannot go forward” unless regulatory concerns over data privacy financial stability have been dealt with. Speaking to the US House of Representatives Financial Services Committee Jerome Powell echoed concerns raised by lawmakers from the US and around the wor

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