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Congressional Committee Calls For A "Moratorium" On Facebook's Libra Project

The backlash against Facebook's Libra project has begun. The House of Representatives' Committee on Financial Services has written to Mark Zuckerberg, Sheryl Sandberg, and the chief executive of Calibra, David Marcus, asking for a moratorium on the development of both Libra Coin itself and Facebook's bespoke wallet, Calibra.

Jul 03, 2019 by Frances Coppola via Forbes.com
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