Bitcoin and other cryptocurrencies plummeted as Facebook CEO Mark Zuckerberg tried to defend his beleaguered digital currency Libra – a project rapidly losing institutional support as it hits one regulatory hurdle after another. If Facebook isn’t allowed to go forward with the rollout of its digital currency, China will surpass the US in technological innovation, Zuckerberg threatened the House Financial Services Committee on Wednesday. The billionaire’s bid to save Libra – and its public image – after several of the big-name financial institutions backing the online payments system dropped out saw the bottom fall out of the already-sl
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