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Comment: Facebook's Swiss currency woes just the start of a global crackdown

By Jack Schickler ( September 12, 2019, 15:32 GMT | Comment) -- Facebook’s Libra cryptocurrency project will have to be regulated like a bank, the regulator in its home jurisdiction has said. Beyond Switzerland, finance officials are still scratching their heads about how to respond, but a regulatory onslaught seems likely.News that Facebook’s virtual-currency project Libra will have to be regulated like a bank in its home town of Geneva looks like just the tip of the iceberg. ...

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