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Bookmarking Crypto InsightsThu, 21 Oct 2021 00:00:00 +0000en-US
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3232US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe
https://www.digit.info/us-senators-urge-facebook-to-discontinue-crypto-wallet-pilot-citing-insufficient-ability-to-keep-consumers-safe/
Thu, 21 Oct 2021 00:00:00 +0000https://www.digit.info/2021/10/21/us-senators-urge-facebook-to-discontinue-crypto-wallet-pilot-citing-insufficient-ability-to-keep-consumers-safe/Read more]]>A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” […]
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” […]