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Apple's Cook: Leave Currencies to the Countries

Sunday, Oct 06 2019

Cryptocurrency

Written by FinTech News Brief Staff

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Apple's Cook: Leave Currencies to the Countries

Tim Cook, Apple's top executive, publicly stated his opposition to an Apple cryptocurrency. So reports CNBC.

He said companies should avoid trying to "gain power by establishing competing currencies," reads the report. Recently, Facebook's Libra digital currency project has drawn skepticism from some regulators and politicians.

Click here to read the full article from CNBC.

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