EU's Antitrust Watchdog Investigating Facebook's Libra Cryptocurrency

The new Libra digital currency hasn’t even launched yet, but barely two months after the Facebook Inc.-led association announced its plans, it’s already facing a number of stumbling blocks. In the latest example of rising regulatory scrutiny into Mark Zuckerberg’s cryptocurrency project, Bloomberg reported that the European Union’s antitrust watchdog is investigating Libra, raising questions about the prospects of success for the digital coin.