Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on the digital currency. “Facebook has data on billions of people and has repeatedly shown a disregard for the protection and...
July 09, 2019
The head of Facebook’s new cryptocurrency project, Libra, is defending the company in a letter to Rep. Maxine Waters (D-CA) and other members of the House Financial Services Committee. David Marcus wrote that the company is vowing to answer policymakers’ “important questions,” according to a copy of the letter obtained by The Hill before hearings […]
June 19, 2019
Facebook is facing more opposition regarding its cryptocurrency, with Congresswoman Maxine Waters (D-CA), chairwoman of the House Financial Services Committee, calling for a moratorium on the digital currency. “Facebook has...
