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Switzerland warns Facebook's Libra it will face extra scrutiny

By John Miller and Tom Wilson

Sep 12 2019 6:52AM

Another setback.

Switzerland warns Facebook's Libra it will face extra scrutiny

Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws. The world's largest social media network announced plans in June to launch ...

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