Too Long; Didn't Read
Facebook’s ‘Project Libra’ will be built upon the Libra Blockchain, held in Calibra, a digital custodial wallet that enables storage and usage of the digital currency. U.S. lawmakers are not too thrilled given the social media giant's dubious track record with privacy. The House Committee on Financial Services has requested that Facebook halt its plans to continue with the project. Compliance and compliance attorney, Katya Fisher, and compliance lawyer, Adam Kemper, weigh in.