Government

Key Comments From Libra Hearing at US House of Representatives

The United States House of Representatives Financial Services Committee heard testimony from from Facebook’s David Marcus, toda...

Ocasio-Cortez Criticizes Corporate-Controlled Money in House’s Libra Hearing

New York Congresswoman Alexandria Ocasio-Cortez addressed the control of Facebook’s Libra cryptocurrency in today’s United Stat...

Facebook Has Not Contacted Swiss Regulators On Libra’s Registration

Social media giant Facebook has reportedly not contacted Swiss regulators regarding the registration of its long-awaited crypto...

Rep. Waters Opens Libra Hearing With Indictment of Facebook’s Past Mistakes

Today, lawmakers on the United States House of Representatives Financial Services Committee are meeting to discuss the possible...

Lawmakers Finding It Hard to Trust Facebook

The United States’ Senate Banking Committee raised a wave skepticism over Facebook’s crypto project Libra during the first day ...

US Senators Grill Facebook on Privacy, Trust Issues in Libra Hearing

At the ongoing hearing on Facebook’s Libra cryptocurrency project with the Banking Committee of the United States Senate, lawma...

Ranking Senate Committee Members Discuss Regulations

United States Senators Mike Crapo and Sherrod Brown, respectively the Senate Banking Committee chair and ranking member, shared...

US Rep. Kevin McCarthy Praises Bitcoin while Criticizing Libra

United States house minority leader Kevin McCarthy praised Bitcoin (BTC) while criticizing Facebook’s Libra stablecoin during a...

‘A Recipe for More Corporate Power Over Markets’

Libra is a “recipe for more corporate power over markets and over consumers,” according to U.S. Senator Sherrod Brown, ranking ...

Facebook Stresses Libra’s Compliance With FinCEN at Senate Hearing

David Marcus, head of Facebook’s crypto wallet Calibra, stressed Facebook’s intent to be compliant with the United States Finan...