UPDATE 3-Fed chief says Facebook currency project raises ‘serious concerns’
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
