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Cryptocurrencies

Facebook defends Libra after US lawmakers call for pause

Democrats want strict oversight of cryptocurrency, warn of global finance risk

Facebook's blockchain head defends Libra after U.S. lawmakers ask the company to pause the cryptocurrency project.   © Reuters

PALO ALTO, U.S.-- Facebook and U.S. lawmakers are at odds over the potential dangers of the social media giant's Libra cryptocurrency project, two weeks after its announcement.

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