Facebook CEO Mark Zuckerberg is trying to drum up support for the firm's wild new currency by amping up worries of China's financial dominance

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

Facebook CEO Mark Zuckerberg has discussed the Libra cryptocurrency project at length in prepared remarks to the House Financial Services Committee.

Facebook is trying to make its ambitious plan to create a new digital currency, called Libra, palatable to US lawmakers by amping up fears around China's financial dominance. Facebook announced a new currency, Libra, as a way to allow people to pay for goods and services online, but is facing considerable blowback from politicians and regulators ahead of its launch.

Facebook is trying to make its ambitious plan to create a new digital currency, called Libra, palatable to US lawmakers by amping up fears around China's financial dominance. Facebook announced a new currency, Libra, as a way to allow people to pay for goods and services online, but is facing considerable blowback from politicians and regulators ahead of its launch.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There are 200 million FB user in China . Come on...

China again? Give me a break....

based on zuck's record, don't listen

DeleteFacebook DeleteFacebookNow

LuluLemew This man is despicable! TRULY!

amping up...meaning blackmail 🖕🏽

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in COİN

Coin Coin Latest News, Coin Coin Headlines