Category: libra

Senate panel schedules a hearing on Facebook’s cryptocurrency

Post author By Randall
Post date June 20, 2019
Categories In Blockchain, calibra, Cryptocurrency, david marcus, Facebook, gear, hearing, Internet, libra, regulation, senate, senate banking committee, Tech

[ad_1] It didn’t even take 48 hours after Facebook announced its cryptocurrency scheme for the government to raise an eyebrow. House Financial Services Committee Chairwoman Maxine Waters called for Facebook to halt development, and now the Senate Committee on Banking, Housing and Urban Affairs has scheduled a hearing to cover both Libra/Calibra and privacy issues. […]

House chairwoman wants Facebook to pause work on its cryptocurrency

Post author By Randall
Post date June 18, 2019
Categories In Blockchain, congress, Cryptocurrency, currency, Facebook, gear, Internet, libra, maxine waters, Politics, regulation, social network, social networking, Tech

[ad_1] The congresswoman also said that Facebook executives should testify about Libra as part of that oversight. We’ve asked Facebook for comment. As part of the announcement, though, it launched a Libra Association whose aim is to oversee the currency outside of Facebook’s control. Calibra, the digital wallet for the new monetary format, is supposed […]