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Who Will Regulate Facebook Crypto Currency?

2019-07-18 198 Dailymotion

Business Insider reports that David Marcus, head of Facebook's cryptocurrency Libra, testified in front of the Senate on Thursday.<br />Marcus stated that the Libra Association will oversee Libra and be headquartered in Switzerland.<br />He said will be regulated by the Swiss Federal Data Protection and Information Commissioner (FDPIC).<br />But the FDPIC says it has not been in touch with Facebook. <br />

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