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    US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency

    by 
    Steve Dent
    Steve Dent
    07.03.2019

    US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Financial Services Committee, led by Democrat Maxine Waters, wants to examine risks around cyber security, global financial markets and national security concerns, it said in a letter to Facebook.