Tag Archives: regulation

16Июл/19

Senators grill FTC over reported $5 billion Facebook settlement

Facebook’s reported $5 billion settlement with the FTC isn’t even official yet, but that isn’t stopping politicians from bristling at it. Senators Richard Blumenthal, Josh Hawley and Ed Markey (pictured) have sent a letter to the FTC requesting answ…

15Июл/19

US Treasury has ‘serious concerns’ Libra could be used for terrorism

The US government views cryptocurrencies, including Facebook-backed Libra, as a national security issue. In a press conference today, Treasury Secretary Steven Mnuchin said the Treasury Department has "very serious concerns" that Lib…

15Июл/19

Facebook won’t make Libra available until regulators are happy

Facebook is determined to reassure officials that its Libra cryptocurrency is above-board. As part of prepared testimony for a July 16th Senate hearing, Calibra head David Marcus has stressed that the social network won’t offer the virtual money unti…