Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world.
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Issuing a digital currency or providing financial services is not a straightforward process in this day and age. Especially for tech companies in the US, this uphill battle will become a lot steeper moving forward. A new legislative proposal would bar major companies from exploring these two business models. This could also spell trouble for Facebook’s Libra plans. A Very Intriguing Proposal Tech companies in the United States have a tendency to grow well beyond the scope of current regulations. That situation becomes even more problematic if those tech companies decide to enter the financial side of the spectrum. A
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