2019-10-18 00:10 |
A U.S. Senator expresses support for Libra in a letter to Libra Associate member Anchorage Trust
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While multiple members pulled out of Libra Association after the US Senate threatened the companies and CEOs to drop their support to Libra or face a heightened level of scrutiny, one US Senator has come in support of Facebook's cryptocurrency project.
2019-10-18 15:30 | |
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Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries.
2019-10-18 14:00 | |
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Сенатор США Майк Раундс поддержал проект цифровой валюты Facebook и назвал его примером технологического прогресса, необходимого стране. Об этом он написал в письме основателю Anchorage. Letter From Senator Rounds to Anchorage October 17 2019 by ForkLog on Scribd В письме Раундс высказался против позиции своих коллег Шеррода Брауна и Брайана Шаца, которые призвали Visa, Mastercard […]
2019-10-18 10:07 | |
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Facebook’s plan to launch Libra came under further pressure after its partners Visa, Mastercard, Paypal, and Stripe announced that they were leaving the digital currency project. And as it turned out, there was some political pushing involved.
2019-10-14 18:05 | |
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Two US Senators have taken it upon themselves to write letters directly to the heads of three payment companies that were, until yesterday, a part of the Libra Association. In these letters, Senators Brian Schatz (D-HI) and Sherrod Brown (D-OH), have threatened: “If you take this on, you can expect a high level of scrutiny from […] The post US Senator Threats Likely Factored in to Visa, Mastercard, Stripe Leaving Libra appeared first on BeInCrypto.
2019-10-12 08:18 | |
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Facebook’s CEO Mark Zuckerberg held a meeting on Wednesday with about six US lawmakers over a dinner in Washington, Washington Post reports. The dinner meeting primarily focused on Facebook’s Libra crypto project.
2019-9-20 23:48 | |
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The basket of fiat currencies in the line up to back Facebook's Libra "cryptocurrency" may not include the Chinese Yuan. According to Bloomberg, the likely backers include the US Dollar, the Euro, the British pound, The Japanese Yen, and the Singapore dollar.
2019-9-10 14:02 | |
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The world is watching Facebook and all of its moves related to the creation and regulation of the Libra stablecoin. Now, in order to protect its interests, Facebook has decided to hire a new person for its lobby team: Susan Zook.
2019-8-6 21:13 | |
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Facebook has hired a former assistant to Republican Senator Mike Crapo as a lobbyist in their broader campaign to make Libra palatable to crypto skeptics on Capitol Hill. Susan Stoner Zook stopped working as an aide to Crapo back in 2013, according to her LinkedIn profile.
2019-8-7 17:46 | |
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Facebook has hired a former aide to the chairman of the U.S. Senate Banking Committee to lobby for its Libra cryptocurrency project.
2019-8-6 09:00 | |
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Facebook’s foray into crypto has made the firm few friends in political circles. The Libra backlash has been so bad that it has painted bitcoin and the rest of the crypto industry in a bad light.
2019-8-3 13:30 | |
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In the 220-minute-long Senate hearing where Facebook’s head of Calibra, David Marcus, was grilled on the company’s “cryptocurrency” plans, the word trust was mentioned every two minutes on average, working out to 69 times in total.
2019-7-18 14:28 | |
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Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry.
2019-7-18 12:00 | |
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Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking Committee.
2019-7-17 14:00 | |
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During the first of two congressional hearings regarding Facebook's Libra cryptocurrency, project lead David Marcus went as far as to say he'd be willing to take his salary in Libra after intense grilling from Senator Sherrod Brown.
2019-7-17 22:08 | |
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The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus in the hot seat. After a lengthy introduction by Idaho Senator Mike Crapo in which he called Facebook’s aims “commendable,” the committee discussed the potential ramifications of Facebook banking services.
2019-7-17 20:20 | |
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By the look of things, Libra will be attracting more regulators than customers. Facebook’s foray into the cryptocurrency world began last month when Libra was unveiled and lawmakers across the world lost it.
2019-7-13 10:00 | |
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Facebook’s cryptocurrency initiative being subjected to criticism from lawmakers, despite being backed by industry giants, depicts the prevailing lack of trust between the social media giant and the government, owing to its “disregard for user privacy” as US Senator Maxine Waters put it.
2019-6-22 17:30 | |
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By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network.
2019-6-22 16:38 | |
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