The Independent Voice of West Indies Cricket

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FB Proposed Digital Currency

 
Runs 2019-07-10 16:49:10 

Libra is it’s name, Congress is expressing money laundering and other concerns.

It’s unclear how the Fed and other U.S. financial regulators will exert authority on digital currencies. A system for regulating crypto hasn’t yet been devised.

Threat to the entire banking system, beginning of the end for FB?
Thoughts?

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