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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. дальше »

2019-10-24 15:00


“I Actually Don’t Know If Libra Is Going To Work,” Facebook CEO Mark Zuckerberg Testifies Before Congress

“I actually don’t know if Libra is going to work, but I believe it’s important to try new things and innovate,” said Facebook (FB) chief executive Mark ‘Zuckerbuck' while he was grilled by lawmakers over the company's plan to launch a digital currency before a Congressional panel on Wednesday. Zuckerberg explained that the idea behind […] дальше »

2019-10-23 21:57


WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra

The social media giant, Facebook is poised to set a clear footing into the cryptocurrency market as Mark Zuckerberg faces Congress on all things Libra and advertising policies. This hearing marks an important foothold for Facebook’s digital currency dream as both the firm and its project have been under the regulatory scrutiny since the announcement […] The post WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra appeared first on AMBCrypto. дальше »

2019-10-23 18:03


Blockchain-Friendly Minnesota Congressman To Head Fintech Task Force

Representative Tom Emmer of Minnesota will be the ranking member of Congress on a Task Force to advance the national discussion on emerging financial technology. Emmer previously sponsored legislation such as the Blockchain Regulatory Certainty Act, which helped exempt certain blockchain businesses from onerous reporting and licensing requirements when they do not take control of […] The post Blockchain-Friendly Minnesota Congressman To Head Fintech Task Force appeared first on Crypto Briefing. дальше »

2019-10-17 02:13


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Alexis Ohanian and Serj Tankian team up to help build a social network for Armenia

I spent last week in the Armenian capital of Yerevan, which played host to this year’s World Congress On Information Technology (WCIT). The prestigious event brings together government agencies, IT companies, lobbying groups, investors, and startups as they discuss the latest developments in information and communications tech. дальше »

2019-10-16 15:59


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What on earth is Kim Kardashian West doing at a tech conference in Armenia?

You might know Kim Kardashian West frombeen viewed more than 210 million times since its leak without her consent in 2007. Or from her marriage to 21-Grammy-award-winning musician Kanye West. But I’m curious about her latest claim to fame – being a speaker at the World Congress on Information Technology 2019, in Armenia’s capital… This story continues at The Next Web дальше »

2019-10-8 14:01


Former FDIC Chair Called Out Subprime Mortgages Ahead of Issues; Now Tells FED To Look At CBDC’s

Members of the US Congress the French Hill (R-Arkansas) and Bill Foster (D-Illinois) have recommended the Federal Reserve regarding issuing a digital version of the US dollar. In a letter addressed to the Fed, they highlighted that the country’s currency is in long term danger due to the acceptance of digital fiat currency. Sheila Bair, […] дальше »

2019-10-7 21:59


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U.S. Congress Wants to Grill Zuckerberg Again Before January 2020

The U. S. House of Representatives wants Facebook CEO Mark Zuckerberg to appear in its Financial Services Committee to discuss the Libra cryptocurrency project before January 2020. House Committee Presses for Zuckerberg’s Testimony As previously reported by Bitcoinist, Facebook’s chief operating officer Sheryl Sandberg is set to meet with the U. дальше »

2019-10-4 15:00


Congressional Candidate Wants US To Embrace Crypto Assets and Blockchain

Agatha Bacelar, an engineer from Stanford, is running for Congress and she wants to convince her fellow lawmakers that America should be focused on cryptos. Now, she wants to challenge the U. S. House of Representatives Speaker Nancy Pelosi for her position in the 12th district of California. Pelosi has been involved in Congress since […] дальше »

2019-10-3 21:00


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SEC Head Unsure of Classifying Libra Cryptocurrency as a Security

The Chariman of U. S. the Security and Exchange during his latest address to congress shed ambiguous light the regulatory concerns surrounding Facebook’s Libra. As described in a post from Reuters, Jay Clayton, head of the SEC, didn’t provide any detailed statements about whether Facebook’s Libra will be regulated as securities or not. дальше »

2019-9-26 01:00


US Congress Passes Bill Ordering FinCEN to Study AI and Blockchain Uses For Law Enforcement

On the 19th of September 2019, the US House of Representatives passed the “Advancing Innovation to Assist Law Enforcement Act.” The on-the-nose bill has mandated the Director of the Financial Crimes Enforcement Network (FinCEN) to push studies within sectors of emerging technology, like blockchains, AI, Digital identity technologies. This is to determine the possible uses […] дальше »

2019-9-25 17:45