UPDATE 2-Facebook currency project ‘cannot go forward’ until concerns addressed -Powell
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 were addressed, piling further
pressure on the controversial project.
Chairman Jerome Powell said on Wednesday that Facebook’s
plan to build a digital currency called Libra “cannot go
forward” until serious concerns were addressed, piling further
pressure on the controversial project.
Posted by Reuters
