Fed chair expresses concern about Facebook’s Libra cryptocurrency

0

facebook cryptocurrency libra

-Advertisement-

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.

https://www.cbc.ca/news/business/jerome-powell-libra-1.5207907?cmp=rss