2019-6-21 22:45 |
Appearing on CNBC Thursday, the chair of the U.S. House Financial Services Committee doubled down on her calls for Facebook to halt Libra development. origin »
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By CCN Markets: Give Facebook Co-Founder Chris Hughes a lot of credit. He not only has made comments that could make him less wealthy, but he’s also doubled down on them. Specifically, Chris Hughes believes that his “friend” Mark Zuckerberg has too much control over speech.
2019-6-18 02:30 | |
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U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”
The ongoing tussle over the potential introduction of a central bank digital currency (CBDC) by the Federal Reserve heats up in the U. S. House Financial Services Committee. Maxine Waters, (D-CA).
Regulators lack an ongoing coordination mechanism for addressing blockchain risks in a timely manner, the report says
The bill would provide guidelines for U.S.-based crypto exchanges to register with regulators.
As part of a plan to aid the unbanked in the US, politicians are considering the use of crypto dollars and digital wallets to speed the disbursement of direct emergency funds. The move comes as massive monetary stimulus packages are proposed to save the sinking economy.
House Financial Services Committee Chairwoman Maxine Waters has been on a crusade against Facebook’s entry into cryptocurrency via the Libra project. Her rampage continued on Wednesday during a second day of congressional hearings devoted to Libra.
After grilling Federal Reserve Chairman Jerome Powell on Capitol Hill about his agency’s response to Facebook's Libra "cryptocurrency," US Representative Maxine Waters finished her questioning by asking the central banker what he would do if Donald Trump “fired” him.