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U.S. lawmakers challenge Facebook over Libra cryptocurrency plan

Reuters Wednesday, 17 July 2019
U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from both parties condemned the project, saying the company had not shown it could be trusted.
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News video: A rising chorus against Facebook's new currency

A rising chorus against Facebook's new currency 01:57

Facebook will be defending its new cryptocurrency Libra before Congress as more voices join the chorus of opposition. Jane Lanhee Lee reports.

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