On CNBC’s Squawk Box, Philip Hammond, the Chancellor of the Exchequer and a senior official within the government of the U.K., said that Libra, a crypto asset developed by a consortium of companies including Facebook, poses a risk to the global financial system. Hammond’s caution towards Libra comes after U.S. President Donald Trump and France’s […]
The post Facebook’s Libra Triggers US & UK Alarm Bells; Will Bitcoin Take a Beating? appeared first on CCN Markets
source https://www.ccn.com/news/us-uk-france-libra-criticism-negatively-affect-bitcoin/2019/07/15/
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