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Bitcoin Regulation Congress Libra USA

Drafted “Keep Big Tech out of Finance” Act Surfaces Days Before Libra Hearings

A draft of a US House bill restricting big tech companies from entering the crypto assets market has surfaced days before the congressional hearings on Facebook’s Libra. A drafted bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly deriving from within the United States House of Representatives Financial Services Committee. The document’s […]

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Blockchain Calibra Congress cryptocurrencies Facebook Libra Senate Stablecoin Wallet

Facebook’s David Marcus Assures Congress That Libra Will Cooperate

Facebook’s David Marcus has written a letter to Maxine Waters and other committee members to address their concerns. David Marcus, the head of Calibra at Facebook, has written a letter to Chairwoman Maxine Waters and members of the House Financial Services Committee in preparation for the upcoming Libra hearings, according to a report by The […]

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Blockchain Calibra Congress cryptocurrencies Facebook Libra Wallet

Facebook’s David Marcus Addresses Libra Trust Issues

Facebook’s David Marcus addressed trust issues surrounding Facebook’s Libra stablecoin in a recent post. David Marcus, the head of Calibra at Facebook, emphasized that Libra users will not have to put their trust in Facebook, in a post on July 3.Marcus reiterated that Facebook is not the only member of the Libra Network, and that […]