Tag: Mark Zuckerberg

Zuckerberg Hesitant to Announce a Launch Date for Facebook’s Libra
Blockchain

Zuckerberg Hesitant to Announce a Launch Date for Facebook’s Libra

Earlier this month, Facebook’s Libra was said to launch sometime in 2020. Yet recently, Facebook CEO Mark Zuckerberg has remained hesitant when asked if the 2020 launch date is still part of Libra’s timeline. When will Facebook’s Cryptocurrency Libra Launch? Facebook’s developing— and controversial— cryptocurrency Libra was officially announced back in June. Still however, a…

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…