IMF says regulators must address possible risks from Facebook’s Libra

G7 finance chiefs pour cold water on Facebook’s digital coin plans
July 17, 2019
Facebook faces more scrutiny from Congress over Libra cryptocurrency plan
July 17, 2019
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Facebook Inc’s planned cryptocurrency Libra could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential “backdoor dollarization,” the IMF’s chief economist said on Wednesday.