June 19, 2019 / 7:44 PM / a month ago

U.S. Senate panel to examine Facebook digital currency project

WASHINGTON, June 19 (Reuters) - The U.S. Senate Banking Committee will discuss Facebook’s proposed cryptocurrency at a July 16 hearing, the panel announced Wednesday.

The hearing will explore the project, dubbed Libra, as well as any data privacy considerations it may raise, the committee said. No witnesses have been announced yet. (Reporting by Pete Schroeder Editing by James Dalgleish)

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