Ocasio-Cortez Criticizes Corporate-Controlled Money in House’s Libra Hearing
Congresswoman AOC pressed Facebook’s David Marcus on his views about currency as a public good, and criticized corporate-backed currency Go to Source Powered by WPeMatico
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Key Comments From Libra Hearing at US House of Representatives
Legislators in the U.S. House of Representatives heard testimony on Facebook’s Libra cryptocurrency project. Here are some key comments from lawmakers and David Marcus Go to Source Powered by WPeMatico
CNBC: Facebook Has Not Contacted Swiss Regulators On Libra’s Registration
A spokesman for the Swiss Federal Data Protection and Information Commissioner says that Facebook has not contacted it regarding Libra Go to Source Powered by WPeMatico
Facebook’s Marcus: Libra to Satisfy All Regulatory Matters Before Its Launch
David Marcus, head of Facebook’s crypto wallet Calibra, stressed that Facebook will launch the Libra cryptocurrency project only after they address all regulatory concerns Go to Source Powered by WPeMatico
Rep. Waters Opens Libra Hearing With Indictment of Facebook’s Past Mistakes
Rep. Maxine Waters opened today’s hearing on Facebook’s Libra project by noting the firm’s past behavior regarding user data and privacy Go to Source Powered by WPeMatico
U.S. Libra Hearings Day 1: Lawmakers Finding It Hard to Trust Facebook
Lawmakers grilled Facebook in the U.S. Senate over the company’s plans to launch Libra given their privacy track record Go to Source Powered by WPeMatico
Senator Brown on Libra: ‘A Recipe for More Corporate Power Over Markets’
Senator Brown discussed concerns about Facebook have too much control over consumer finances following the Senate Banking Hearing on Facebook’s Libra Go to Source Powered by WPeMatico
US Rep. Kevin McCarthy Praises Bitcoin while Criticizing Libra
Praise towards Bitcoin and heavy criticism towards Facebook’s Libra stablecoin from United States House Minority Leader Kevin McCarthy Go to Source Powered by WPeMatico
Post-Hearing: Ranking Senate Committee Members Discuss Regulations
Senate Banking Committee members discussed regulation of big tech companies in a press conference following today’s Libra hearings Go to Source Powered by WPeMatico
Facebook Stresses Libra’s Compliance With FinCEN at Senate Hearing
David Marcus reiterated Facebook’s commitment to FinCEN in a hearing on Facebook’s Libra today Go to Source Powered by WPeMatico