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Libra Lacks Clarity on 'Opaque' Currency Basket, Says Fed Reserve Governor

Federal Reserve governor Lael Brainard has warned that the Facebook-led Libra project faces stiff regulatory challenges and that there's a question mark over one of its core concepts.

Updated Sep 13, 2021, 11:51 a.m. Published Dec 19, 2019, 8:20 a.m.
Credit: Shutterstock
Credit: Shutterstock