David Marcus reiterated Facebook’s commitment to FinCEN in a hearing on Facebook’s Libra today
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David Marcus reiterated Facebook’s commitment to FinCEN in a hearing on Facebook’s Libra today
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U.S. senators expressed their concerns over data privacy and trust issues in a hearing on Facebook’s Libra today
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The United States Senate Banking Committee has released the opening statements of David Marcus, head of Facebook’s crypto wallet Calibra
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Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion draft bill, the Keep Big Tech Out of Finance Act, hopes to […]
The post How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra appeared first on Bitcoin News.
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Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks
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A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets – […]
The post How 10 Countries Respond to Facebook’s Libra Cryptocurrency appeared first on Bitcoin News.
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The chair of the Federal Reserve said Facebook needs to address a number of concerns thoroughly and carefully before it can move forward with Libra
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Facebook’s David Marcus has written a letter to Maxine Waters and other members of the House Financial Services Committee to address concerns surrounding Libra
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Facebook’s David Marcus addressed trust concerns surrounding the Libra cryptocurrency in a recent post
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ZenGo publishes its open source project, which purports to provide proof-of-concept that its keyless wallet product can support Facebook’s Libra
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