U.S. SEC chief says he has not discussed Libra with Facebook

FILE PHOTO: Jay Clayton, Chairman of the Securities and Exchange Commission, speaks during an interview with CNBC at the Sandler O’Neill + Partners Global Exchange and Brokerage Conference in New York, U.S., June 6, 2018. REUTERS/Brendan McDermid

WASHINGTON (Reuters) – A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra currency proposal, nearly a month after the social media giant announced the project.

U.S. Securities and Exchange Commission Chairman Jay Clayton told Reuters that he has not personally discussed the ambitious project with Facebook since it was announced on June 18 but “was interested” in hearing from the company.

Reporting by Katanga Johnson and Pete Schroeder; Editing by Cynthia Osterman

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source: reuters.com