Senate panel to examine Facebook digital currency project
1 / 2FILE PHOTO: A 3-D printed Facebook logo is seen on U.S. dollar banknotes in this illustration pictureBy Pete Schroeder
The hearing will explore the project, dubbed Libra, as well as any data privacy considerations it may raise, the committee said on Wednesday. No witnesses have been announced yet, according to a committee spokesperson. The announcement comes one day after the social media giant unveiled plans to launch a global cryptocurrency, which immediately attracted attention from regulators across the globe, and skepticism from Washington.
In May, the leaders of the Senate Banking Committee wrote to Facebook seeking information on rumors of its cryptocurrency project, and how it would protect consumer information.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Facebook called before Senate panel over digital currency projectFacebook Inc's plans to create a global cryptocurrency will face scrutiny f...
Consulte Mais informação »
'Facebook is already too big and too powerful': Senate to dig into Libra, the tech giant's new crypto projectThe U.S. Senate Banking Committee plans to hold a hearing on Facebook's new cryptocurrency, a day after its ranking member said Facebook is 'already too big and too powerful'
Consulte Mais informação »
Senate panel OKs aid to ease migrant surge at southern borderThe Senate Appropriations Committee on Wednesday approved $4.6 billion in largel...
Consulte Mais informação »
Roy Moore to announce decision on US Senate run amid GOP resistanceFormer Judge Roy Moore will reportedly announce whether he'll run again for Senate on Thursday, after losing his race in 2017 and subsequently the high-profile support of President Donald Trump and Alabama Republican congressmen
Consulte Mais informação »
McConnell Calls Senate Seats for D.C. and Puerto Rico ‘Full Bore Socialism’Whether McConnell is defending against “full-bore socialism” or the advent of (almost) full representative democracy for millions of Americans, the inclusion of Puerto Rico and D.C. in Congress would cause profound shifts to the parties' power balance
Consulte Mais informação »
Brazil Senate blocks Bolsonaro move to ease gun carryingBrazil's Senate on Tuesday overturned a decree signed last month by right-w...
Consulte Mais informação »