- “The project, in this form, has thus failed,” Switzerland’s finance minister and outgoing president Ueli Maurer said.
- Plans
for the Facebook-led digital currency, which is to be issued and
governed by the Geneva-based Libra Association, have raised concerns
among regulators.
- Officials running the project, including
co-creator David Marcus of Facebook, have said regulatory hurdles could
see the launch delayed beyond the planned June date.
https://www.cnbc.com/2019/12/27/swiss-president-says-facebooks-cryptocurrency-project-libra-failed.html