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Facebook’s currency Libra faces financial, privacy pushback

Safi Bello

Associated Press ----------- Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners. Just hours after the social media giant unveiled early plans for the Libra cryptocurrency, French Finance Minister Bruno Le Maire insisted that only governments can issue sovereign currencies. He said Facebook must ensure that Libra won’t hurt consumers or be used for illegal activities. To learn more click on the picture below to read the article.

Facebook’s currency Libra faces financial, privacy pushback - Read More from Associated Press

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