Launch of Facebook’s Crypto “Libra” Triggers Regulators From France to the U.S.

Just as many anticipated, Libra, Facebook’s seminal crypto project, launched its white paper on Tuesday. In it, it confirmed reports that Visa, Mastercard, Uber, and other corporate giants were getting involved.

While many in the cryptocurrency community, even staunch Bitcoin maximalists took the news in stride, regulators from France to the United States quickly expressed their distaste.

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