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U.S. Decides to Ask Facebook Questions Over Libra

4:22 pm on Jul 3, 2019 (gmt 0)

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U.S. has decided to ask Facebook to put a halt to its proposed cryptocurrency, Libra. [webmasterworld.com]
“If products and services like these are left improperly regulated and without sufficient oversight, they could pose systemic risks that endanger U.S. and global financial stability,” Water writes. “These vulnerabilities could be exploited and obscured by bad actors, as other cryptocurrencies, exchanges, and wallets have been in the past.”