Facebook Seeking Crypto Wallet Data Engineer, Regulatory Policy Expert
Facebook is seeking a data professional to work on its crypto wallet Calibra, as well as a policy specialist to help with regulatory hurdles.
Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.
In a note published Wednesday, Facebook blockchain lead David Marcus pushed back against calls to stop Libra's development.
Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies.
If the project is to be truly global, Facebook may need “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park.
Buried in Facebook’s Libra white paper are two sentences hinting the project's ambitions go even further than minting a global currency.