4 US House Reps Open Letter: Facebook’s Libra Has ‘Serious Privacy and Monetary Policy Concerns’

2019-7-3 16:29

As many of our regular readers may already be aware of, Maxine Waters — Chair of the House Financial Services Committee — recently called for a meeting to discuss the development of Libra, Facebook’s much-hyped cryptocurrency offering.

In this regard, Waters along with five other members of the FSC have recently submitted an open letter […].

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waters house libra facebook letter open much-hyped

waters house → Ðåçóëüòàòîâ: 7


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Facebook’s Libra partners remain cautious amid growing scrutiny from regulators

Facebook‘s Libra partners have reportedly signed non-binding agreements, meaning they’re not obliged to promote or use the digital token and can abandon the project if they decide to do so. According to the New York Times, which cites anonymous executives from seven of Facebook‘s partners, some of the companies are being cautious about associating themselves too closely with Libra due to the company’s ongoing issues with regulators.

2019-6-26 11:25