Facebook COO Set To Testify Before Congress About Stablecoin Libra Next Month

2019-9-27 15:56

Libra, one of the most aspirational projects of Facebook which would propel it in the financial demographics and crypto banking services has run into a number of roadblocks ever since its announcement.

As per a recent report from Bloomberg, Sheryl Sandberg, the chief operating officer of social media giants is set to appear before Congress […].

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Facebook Heavily Criticized in Congressional Hearing, Zuckerberg Evades Specific Questions

Mark Zuckerberg testified in front of Congress yesterday, and to questions thrown his way were riddled with suspicion and contempt. Members of Congress present for the heated testimony emphasized Facebook’s inability to act on important issues such as election time misinformation, false advertising, and refusal to fact check any information, according to Bloomberg, October 23,Read MoreRead More.

2019-10-24 15:00


A Ban On Bitcoin Might Be Harder Than It Seems Due to a Simple Freedom of Speech Issue

Earlier today the US Congress asked Facebook to stop the development of their cryptocurrency Libra. Even though the move is unfair, the same thing might not be possible for Bitcoins. Members of Congress just sent this letter to Facebook asking them to officially stop development of Libra. Wait till Congress finds out they can’t send […]

2019-7-3 20:00