Fed chief says Facebook currency project raises 'serious concerns'

Fed chief says Facebook currency project raises 'serious concerns'

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-usa-fed-powell-libra/fed-chief-says-facebook-currency-project-raises-serious-concerns-idUSKCN1U51VE

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.