UPDATE 4-Fed chief calls for Facebook to halt Libra project until concerns addressed
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.
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.
Posted by Reuters