EU Regulators Goal Libra. Is Fb's Crypto Challenge Definitely worth the Effort?

The relentless pushback that Fb's Libra cryptocurrency is going through is elevating the query of whether or not forging forward is worthwhile.
The relentless pushback that Facebook's Libra cryptocurrency is facing is raising the question of whether forging ahead is worth it.

Original article
Original article
Author: Cointributor

The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1. The list of sectors that

Cointributor has recently written 6 articles on similar topics including :
  1. "The chairwoman of the U.S. House Financial Services Committee still harbors concerns over Facebook's Libra crypto project". (August 26, 2019)
  2. "Weighed down by countless accusations of user-data violations, crypto-curious Facebook has signaled that it could turn to blockchain technology for some tasks". (February 21, 2019)
  3. "Swiss financial regulator FINMA has indicated that Facebook's Libra cryptocurrency project will have to meet additional requirements". (September 11, 2019)
  4. "The Libra cryptocurrency project may see Facebook preferring engaging decision-makers privately as public hearings aren't as fruitful". (October 2, 2019)
  5. "Facebook's COO Sheryl Sandberg will testify before U.S. Congress in October on various matters including the company's Libra cryptocurrency". (September 27, 2019)
  6. "A survey of analysts indicate that Amazon is seen as the most likely tech giant likely to launch a cryptocurrency that will compete with Libra". (September 3, 2019)
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