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When will Libra go live? The Fed system will "aim to launch in 2023 or 2024".

• wmf 7y ago
  It kind of looks like Congress is going to delay Libra until Facebook gives up.
  • incompatible 7y ago
    Does Facebook need permission from Congress to launch?
    • wmf 7y ago
      Worst-case Congress can pass a law imposing onerous requirements on digital currencies backed by a basket of something. Best-case Libra has to comply with a bunch of existing money transfer regulations that were never written with cryptocurrency in mind and thus are open to interpretation; various agencies may choose stricter or looser interpretations depending on which way the winds are blowing.