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Cryptocurrency Libra won't be launched until it gets approval: Facebook

2019-07-17 2 Dailymotion

Facebook says it won't launch its cryptocurrency Libra until it's approved by the government and regulators... amid various concerns over the digital coin.<br />At a U.S. Senate hearing on Tuesday, David Marcus,... the head of Facebook subsidiary Calibra,... said,.... the virtual currency won't be offered until it has "fully addressed regulatory concerns and received appropriate approvals."<br />The launch of the new digital coin has triggered bipartisan concern in the U.S.,... due to the possibility of criminal use, privacy issues and impact on the financial system.<br />

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