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Fed Chair Says Libra 'Cannot Go Forward' Until Facebook Addresses Concerns

Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a number of regulatory concerns.

Updated Sep 13, 2021, 9:25 a.m. Published Jul 10, 2019, 4:45 p.m.
Fed Chair Jerome Powell (image via House Financial Services Committee)
Fed Chair Jerome Powell (image via House Financial Services Committee)