US: GOP Senator Says Facebook Plans for Libra Coin Should Be Given a Chance


GOP Sen. Pat Toomey strayed from the Trump administration’s critical views on Facebook’s plan for the new Libra cryptocurrency, telling CNBC on Tuesday the digital coin should be given a chance. The Pennsylvania Republican said Libra is an “exciting innovation” that aims to solve the volatility that hurts other digital currencies, but he still has questions for the social media giant before its 2020 launch.

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