06-24-2024, 11:26 PM
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WASHINGTON:US Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook s plan to air nike max plus build a digital currency called Libra cannot go forward until serious concerns are addressed, comments that pressured the project and dented the price of the original cryptocurrency bitcoin.The strong comments from the most powerful US financial regulator underscored the growing regulatory hurdles facing the proposed cryptocurren air force 1 force cy, which has drawn scrutiny from policymakers globally. Libra raises many serious concerns regarding adidas spezial blu privacy, money laundering, consumer protection and financial stability, Powell said during his semi-annual testimony on monetary policy before the US House of Representatives Financial Services Committee.Facebook's Libra coin likely to run a regulatory gauntlet I don t think the project can go forward without addressing those concerns, he added later.Powell said any regulatory review of the project should be patient and careful. He noted that existing rules do n Mhck Excavation of Ganweriwala paused
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