The 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'
The US Senate Banking Committee plans to hold a hearing on Facebook's newly-announced Libra cryptocurrency project on July 16th, Reuters reports. On Tuesday, Senator Sherrod Brown , the ranking member of the committee, responded to the announcement of Libra with concern:"Facebook is already too big and too powerful." Facebook has ceded control of the coin to the Libra Association, a consortium of companies who will actually handle the work of managing the cryptocurrency.
The US Senate Banking Committee plans to hold a hearing on Facebook's newly-announced Libra cryptocurrency project on July 16th, Reuters reports. On Tuesday, Senator Sherrod Brown , the ranking member of the committee, responded to the announcement of Libra with concern:"Facebook is already too big and too powerful." Facebook has ceded control of the coin to the Libra Association, a consortium of companies who will actually handle the work of managing the cryptocurrency.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Facebook to launch 'Libra' cryptocurrencySocial media giant hopes to offer unbanked consumers access to financial services for the first time but consumer privacy concerns or regulatory barriers may present significant hurdles.
Consulte Mais informação »
Facebook Unveils Plan for Own Currency Called LibraFacebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too.
Consulte Mais informação »
Facebook Reveals Cryptocurrency Plans For Two New Revenue StreamsFacebook published detailed information about how the libra cryptocurrency it helped create will make it the most powerful cryptocurrency startup in the world.
Consulte Mais informação »
Facebook Unveils Crypto Wallet, Based on Currency LibraFacebook formally announced plans to launch a cryptocurrency called Libra, promising a secure blockchain-based payment system backed by hard assets and designed for mainstream users.
Consulte Mais informação »
Facebook launches a new cryptocurrency called LibraFacebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.
Consulte Mais informação »