New York (CNN Business)Facebook’s Libra cryptocurrency worries lawmakers. And increased government scrutiny for Libra could dent plans not only for Facebook but for other cryptos as well. Others in the field worry lawmakers’ distrust of Facebook might prompt harsh regulations that could stunt the nascent crypto industry’s growth. When Libra exploded onto the cryptocurrency scene last month, it brought attention to a sector that’s been growing quietly and operating without clear regulations for a decade. Suddenly, lawmakers on both sides of the aisle were talking publicly about cryptocurrency and stressing the need to regulate it: Democratic Congresswoman Maxine Waters […]
