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Libra Target Launch Date Becomes Murkier Amid Regulatory Talks

Sept. 27, 2019, 4:00 PM

The planned launch date for Facebook Inc.’s Libra is growing murkier as executives working on the digital currency grapple with regulatory roadblocks in Europe and the U.S.

The timing of Libra’s introduction depends on discussions with regulators, then “the rest will flow from there,” Bertrand Perez, chief operating officer of the Libra Association, said in an interview in Geneva. “This is why indeed we cannot say that we won’t launch in 2020, or that we are certain to launch on a particular date in 2020.”

As recently as this month, Libra executives had targeted an introduction in the first ...