Unruly social media no model for Facebook's Libra currency: BoE's Carney
Thursday, 20 June 2019 Facebook cannot expect its new Libra currency to benefit from the same unregulated free-for-all that helped the company achieve a dominant position in social media, Bank of England Governor Mark Carney said on Thursday.
On the eve of hearings in Washington about Facebook's digital currency project, Libra, Treasury Secretary Steven Mnuchin declared that he was "not comfortable" with it. And he warned that Libra could..
Facebook Inc. said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury... Newsmax Also reported by •IndiaTimes •Mashable •engadget •Business Insider
The White House's upcoming social media summit might be missing some key players when it goes ahead this week. Facebook and Twitter have not been invited to... engadget Also reported by •Business Insider •SeattlePI.com
Lawmakers in the United States are to question Facebook executive David Marcus later about the social network's plans for a new digital currency, known as Libra.... France 24 Also reported by •Mashable