US Congress on Libra Overview: Trust, Privacy and Genocide Accusations
Facebook was in Congress’ crosshairs for two days this week: Learn the main takeaways in our recap Go to Source Powered by WPeMatico
Libra
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Libra Is Like Sending a Friend Request to Terrorists, Politician Says
A day after warning that Libra could endanger America more than 9/11, a Democratic congressman has attacked Mark Zuckerberg on Twitter Go to Source Powered by WPeMatico
Libra Will Upset World Economy if It Isn’t Regulated Tightly, G7 Warns
The G7 has warned that cryptocurrencies such as Libra could upset the world’s financial system unless they are tightly regulated Go to Source Powered by WPeMatico
G7 Approves Japan’s Cryptocurrency-Based SWIFT Alternative
The Japanese government is attempting to spearhead the creation of a new, global cryptocurrency payments network that would be similar to SWIFT Go to Source Powered by WPeMatico
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
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
Jamie Dimon Says Libra Does Not Pose a Threat in Short Term
Jamie Dimon says that he would not spend too much time on Libra as the coin does not pose a threat in the foreseeable future 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
Reasons Why US Government Won’t Ban Libra Cryptocurrency
Facebook is being grilled during U.S. congressional hearings, but will the regulators actually ban Libra? Here are the reasons why they probably won’t Go to Source Powered by WPeMatico
IMF Chief Economist Urges Regulatory Vigilance on Libra
IMF chief economist Gita Gopinath has called on global regulators to be vigilant and take the proper regulatory steps regarding Facebook’s Libra Go to Source Powered by WPeMatico
