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Facebook Officially Responds to US Congressional Committee’s Letter to Halt Libra Development
Regulation News
Facebook Officially Responds to US Congressional Committee’s Letter to Halt Libra Development
Regulation News

SEC to Regulate Facebook’s Crypto, Libra? Rep Introduces Bill for Stablecoins

On Tuesday, Rep. Sylvia Garcia (D-Texas) presented a new bill before the Senate House Financial Services Committee to classify stablecoins under ‘securities.’ The bill, if passed, would extend to Facebook’s Libra as well. The House of Financial Services Committee under Chairwomen Maxine Waters hasn’t been kind to Facebook about Libra. According to lawmakers, the proposed project

On Tuesday, Rep. Sylvia Garcia (D-Texas) presented a new bill before the Senate House Financial Services Committee to classify stablecoins under ‘securities.’ The bill, if passed, would extend to Facebook’s Libra as well. The House of Financial Services Committee under Chairwomen Maxine Waters hasn’t been kind to Facebook about Libra. According to lawmakers, the proposed project

mark zuckerberg
Altcoin News
mark zuckerberg
Altcoin News

Libra: US Senate House Wants Facebook’s Mark Zuckerberg to Testify – Report

The US Senate House of Financial Services Committee has been completely opposed to Facebook’s cryptocurrency project, Libra. Much of their disagreement is steeming from their dislike for Mark Zuckerberg. Reportedly, the Committee under has asked him to testify before January 202. “We need to get Mark Zuckerberg here!” – Senator Sherman during David Marcus’s (Libra

The US Senate House of Financial Services Committee has been completely opposed to Facebook’s cryptocurrency project, Libra. Much of their disagreement is steeming from their dislike for Mark Zuckerberg. Reportedly, the Committee under has asked him to testify before January 202. “We need to get Mark Zuckerberg here!” – Senator Sherman during David Marcus’s (Libra

chairman jay clayton
Regulation News
chairman jay clayton
Regulation News

Crypto Regulations: SEC Finds Itself in a Paradox in the Senate Meeting

The SEC Commissioners meeting with the House of Financial Services Committee in the US is underway and provides some insight on the crypto regulations in the space. The Committee headed by Chairwomen Maxine Waters divulged on the issues related to retail investor protection from crypto-investments, share buy-backs, capital infusion and the shift from public to

The SEC Commissioners meeting with the House of Financial Services Committee in the US is underway and provides some insight on the crypto regulations in the space. The Committee headed by Chairwomen Maxine Waters divulged on the issues related to retail investor protection from crypto-investments, share buy-backs, capital infusion and the shift from public to

libra
Stablecoin News
libra
Stablecoin News

Libra Discussions with Swiss Authorities Clears U.S. Lawmakers’ Doubts

A US delegation of the House of Financial Committee led by Chairwoman Maxine Waters met with the Swiss authorities to discuss Libra. The outcome of the meeting was, however, still disappointing for Libra backers. The areas of concern echoed with their meeting with Libra Association head, David Marcus. Congress feared that if Libra is allowed it

A US delegation of the House of Financial Committee led by Chairwoman Maxine Waters met with the Swiss authorities to discuss Libra. The outcome of the meeting was, however, still disappointing for Libra backers. The areas of concern echoed with their meeting with Libra Association head, David Marcus. Congress feared that if Libra is allowed it

Facebook
Regulation News
Facebook
Regulation News

Big Blow to Libra: US Regulators Propose a New Bill for the “Big Tech”

The democratic wing of the House Financial Services Committee in the US has proposed a new bill that would prevent big tech companies “from functioning as financial institutions or issuing digital currencies.” Reportedly, a bill “Keep Big Tech Out Of Finance Act” has been drafted and is being circulated with the regulators. If passed, the new

The democratic wing of the House Financial Services Committee in the US has proposed a new bill that would prevent big tech companies “from functioning as financial institutions or issuing digital currencies.” Reportedly, a bill “Keep Big Tech Out Of Finance Act” has been drafted and is being circulated with the regulators. If passed, the new