Tag: David Marcus

U.S. Lawmakers to Facebook: Halt Libra Now, It is “Intended to Rival U.S. Monetary Policy and the Dollar”
Blockchain, Tokenization 101

U.S. Lawmakers to Facebook: Halt Libra Now, It is “Intended to Rival U.S. Monetary Policy and the Dollar”

On July 2nd 2019, a group of U.S. Representatives from the House Financial Services Committee wrote a letter to Facebook expressing grave concerns over the risks posed by the social media giant’s latest project, Libra. The lawmakers claim Libra threatens investors, consumers,  privacy, and U.S. national security as well as monetary policy. What do US…