Facebook announced Libra, its digital currency, on Tuesday — and the pushback has already begun.
Facebook announced plans to create a new cryptocurrency on Tuesday — and the pushback has already begun. In the US, senior Democratic politicians are calling for careful oversight or for the project to be put on hold completely while they investigate. And European politicians are also raising concerns. Libra aims to be a blockchain-powered global currency that will allow users to send money and make payments around the world. Visit Business Insider's homepage for more stories.
Facebook announced plans to create a new cryptocurrency on Tuesday — and the pushback has already begun. In the US, senior Democratic politicians are calling for careful oversight or for the project to be put on hold completely while they investigate. And European politicians are also raising concerns. Libra aims to be a blockchain-powered global currency that will allow users to send money and make payments around the world. Visit Business Insider's homepage for more stories.
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