Meta's Stablecoin Plan Questioned by Democrats Ahead of Key Senate Vote
19 Articles
19 Articles
After Microsoft, it was now the turn of Meta, Facebook's wife, to refuse to invest in bitcoin. What is working on joining this cryptographic? The analysis of this topic was done by the journalist of the section of Economy of Express Gonçalo Almeida. Hear the new episode of the Economy every day, daily podcast of Express, led by Juliana Simón
After Microsoft, it was now the turn of Meta, Facebook's wife, to refuse to invest in bitcoin. What is working on joining this cryptographic? The analysis of this topic was done by the journalist of the section of Economy of Express Gonçalo Almeida. Hear the new episode of the Economy every day, daily podcast of Express, led by Juliana Simón
A ‘Threat To Privacy’? US Senators Question Meta’s Stablecoin Plan In New Letter
As crypto legislation advances through the US Congress, two senators have sent a letter to Meta founder Mark Zuckerberg inquiring about the company’s stablecoin strategy following recent reports alleging that the tech giant is planning to launch a private currency. Related Reading: Connecticut Lawmakers Pass Bill Banning State Investments In Crypto Democrats Question Meta’s Stablecoin […]
Senators Slam Meta’s Stablecoin Push, Cite Privacy Risks and Regulatory Loopholes
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could pose serious risks to financial privacy, economic competition, and national monetary sovereig…
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