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The question regulators should be asking Libra: How safe is your tech?

If tech companies are to become players in financial markets, they must be subject to the same rules

Facebook founder and CEO Mark Zuckerberg leaves a meeting on Capitol Hill in September
Facebook founder and CEO Mark Zuckerberg leaves a meeting on Capitol Hill in September Photo: Getty Images

Digital assets have captured their fair share of headlines over the past year, but Facebook’s plan to launch Libra, a new cryptocurrency, continues to reverberate through policymaking circles around the globe.

Libra has raised many questions among regulators and lawmakers, many relating to features of its design — would it activate laws and licensing related to securities, derivatives and commodities markets?

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