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According to coindesk, Rohit Chopra, a senior government official at the US Federal Trade Commission (FTC), wrote on Thursday that the Libra cryptocurrency program should be enough to power the Fed to launch a real-time payment system. Chopra said, "The ambiguity and lack of detail on the shadow global central bank proposed by this technology platform has sounded the international alarm, especially considering the scandal and abuse of power that Facebook is taking. The potential risks of the Libra project take time. I agree with the serious concerns raised by Chairman Jerome Powell and Governor Lyle Brainard. In addition, he believes that it is more important for the public sector to solve the current payment system, and the demand for real-time payments is very urgent.
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