Officially announced last month, Libra has already raised alarms among regulators and authorities, around the world. In the US, a group of privacy watchdogs published an open letter urging the US Congress to halt the development of the project until concerns over its impact on national sovereignty, corporate power, consumer protection and others were addressed. Facebook has also faced similar calls from US lawmakers.
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The post South Korea’s financial regulator expresses concerns over Facebook’s Libra appeared first on The Independent Republic.
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