European authorities demand details on Facebook’s cryptocurrency
UK financial regulator says there is not enough information to understand Libra and it will not easily get go-ahead
London — Facebook's fledgling cryptocurrency faced mounting scrutiny on Tuesday as European central bankers and regulators demanded more detail on the social media giant’s Libra project.
Britain’s top financial regulator said there is not yet enough information to understand Libra. It said the project could be significant for public policy and will not easily get the go-ahead without further disclosure...