Fed Chair Jerome Powell Calls on Facebook to Halt Libra Cryptocurrency Project

Fed Chair Jerome Powell Calls on Facebook to Halt Libra Cryptocurrency Project | Breitbart

63 Lucas Nolan Reuters reports that Jerome Powell, the chairman of the Federal Reserve, has warned that Facebook’s digital currency Libra “cannot go forward” until serious concerns about the project are addressed. Powell commented on Facebook’s project during his semi-annual testimony on monetary policy before the House of Representatives Financial Services Committee.