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Facebook’s Libra Cryptocurrency Hit with Tough Regulatory Hurdles in Europe

Facebook’s Libra Cryptocurrency Hit with Tough Regulatory Hurdles in Europe | Breitbart

David Ng E.U. officials have established tough hurdles for Facebook’s proposed cryptocurrency Libra as well as other private digital currencies, saying they shouldn’t receive regulatory approval until the risks they pose are better understood. E.U. ministers issued a statement Thursday confirming what many had expected to be a hardline stance on products like Libra.