United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

U.S. Senate to grill Facebook over plans for Libra cryptocurrency

Reuters India Tuesday, 16 July 2019
U.S. lawmakers from both sides of the aisle are set to grill Facebook Inc on its cryptocurrency plans on Tuesday, as the project continues to draw intense scrutiny from financial regulators and politicians across the globe. Facebook is fighting a rearguard action to get Washington onside after it shocked regulators and lawmakers with an announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020.
0
shares
ShareTweetSavePostSend
 
Credit: Rumble - Published < > Embed
News video: Facebook gets a DC grilling on Libra, antitrust

Facebook gets a DC grilling on Libra, antitrust 02:24

Facebook got a lashing by Senate lawmakers from both sides of the aisle on Tuesday over plans for its cryptocurrency and from House lawmakers investigating big tech’s monopoly in the digital space. Jane Lanhee Lee reports.

Recent related videos from verified sources

Should India embrace cryptocurrencies? [Video]Should India embrace cryptocurrencies?

Some believe that believe cryptocurrencies are the new digital gold. From Bitcoin to Ethereum, there are over 2,000 kinds of cryptocurrencies globally, worth over $300bn in digital money. And now..

Credit: BBC World News - Affiliate     Duration: 08:09Published

Facebook Tries to Sell Congress on Decentralized Currency Plan. But Congress Isn’t Buying. [Video]Facebook Tries to Sell Congress on Decentralized Currency Plan. But Congress Isn’t Buying.

The House Financial Services Committee had more pointed questions for Facebook's David Marcus about the governing structure of the Libra Association in the second day of Congressional grilling.

Credit: Cheddar Inc.     Duration: 04:11Published

Facebook's Libra Gets a Second, Critical Hearing at the House [Video]Facebook's Libra Gets a Second, Critical Hearing at the House

Facebook's David Marcus faced another day of governmental grilling, this time at the hands of the House Financial Services Committee, over the social media giant's plans for its digital currency Libra.

Credit: Cheddar Inc.     Duration: 04:11Published

Who Will Regulate Facebook Crypto Currency? [Video]Who Will Regulate Facebook Crypto Currency?

Business Insider reports that David Marcus, head of Facebook's cryptocurrency Libra, testified in front of the Senate on Thursday. Marcus stated that the Libra Association will oversee Libra and be..

Credit: Wochit     Duration: 00:33Published

You Might Like


Other recent news in Technology

Trump says TIM COOK made ‘good case’ that trade war helps Samsung over AppleBaby DUGONG That Became Thai Internet Sensation Dies After Ingesting Plastic
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.