Browsing the "Facebook" Tag

Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech

| Daniel Palmer

U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."

US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra

| Nikhilesh De

In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin.

What to Expect When Congress Grills Facebook on Cryptocurrency

| Nikhilesh De

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting

| Daniel Palmer

Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

US May Bar Large Tech Firms From Issuing Cryptocurrencies

| Wolfie Zhao

Lawmakers in the U.S. are discussing a bill that seeks to prevent large technology institutions in the country from issuing cryptocurrencies.

US President Donald Trump Says He’s ‘Not a Fan’ of Bitcoin

| Nikhilesh De

US President Donald Trump tweeted about bitcoin and Facebook's Libra on Thursday. He's not a fan.

Fed Chair Says Libra ‘Cannot Go Forward’ Until Facebook Addresses Concerns

| Nikhilesh De

Fed Chairman Jerome Powell said Facebook should not be allowed to launch its Libra cryptocurrency until the company details how it will handle a…

Winklevoss Twins’ Gemini Exchange May Join Facebook’s Libra Project

| Leigh Cuen

The Winklevoss twins might mend fences with Mark Zuckerberg through the Libra cryptocurrency project.

Facebook Says It Won’t Launch Crypto in India Due to Regulatory Issues

| Daniel Palmer

Facebook reportedly said that current regulatory restrictions mean it has "no plans" to launch its digital wallet service and crypto in India.

Facebook to Senators: Libra Crypto Will Respect Privacy

| Nikhilesh De

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.