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Tech Expert: Financial Services Regulators Will Crack Down on Facebook for Their Cryptocurrency

Facebook has agreed to agree to pay a fine of $5 billion to the US Government after a year-long investigation prompted by the Cambridge...

Swiss data watchdog awaits details on Facebook crypto plan

ZURICH (Reuters) - Facebook Inc’s (FB.O) Libra cryptocurrency project has not responded to an information request by Switzerland’s data privacy watchdog, the authority said...

Facebook Libra hearings may give bitcoin ‘much-needed political momentum’

Congress is going crypto.Lawmakers from the U.S. Senate and House of Representatives heard testimony this week regarding Facebook's Libra project in the interest of...

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan

WASHINGTON (Reuters) - U.S. lawmakers quizzed Facebook on Wednesday over its planned cryptocurrency, after a bruising first bout a day earlier when senators from...

Bitcoin tumbles as U.S. senators grill Facebook on crypto plans

LONDON (Reuters) - The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S. lawmakers grilled Facebook (FB.O)...
Congress grills Facebook on controversial Libra project

Congress grills Facebook on controversial Libra project

On Tuesday, 700 old white men, and roughly three women, gathered in Congress to ask David Marcus, the man behind Facebook’s Libra Project, why...

Senators grill Facebook on its plans for Libra cryptocurrency

WASHINGTON (Reuters) - Facebook Inc is “delusional” to believe people will trust it with their money, a U.S. senator said on Tuesday as lawmakers...

Facebook Could Be Fined $1 Million a Day if It Launches Libra Cryptocurrency Project

TechGet short URLFacebook, which is expected to pay $5 billion in fines for violating privacy rules, is going to launch a new cryptocurrency, supported...

WeChat to Enter Cryptocurrency Game, Compete With Facebook, Telegram and WhatsApp?

The People’s Bank of China (PBoC) has begun to talk about an officially sanctioned cryptocurrency. A couple of years ago, the PBoC initiated...

Facebook Libra cryptocurrency under fire from global policymakers

Facebook announced its cryptocurrency, called Libra.Chesnot | Getty Images News | Getty ImagesFacebook's planned cryptocurrency hasn't even launched yet, but it's been the talk...

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