Is Facebook Ready for Digital Currency?

Written by andrew-rossow | Published 2019/07/22
Tech Story Tags: facebook | facebook-libra | facebook-crypto | facebook-privacy | greenspoon-marder | katya-fisher | adam-kemper | latest-tech-stories | web-monetization

TLDR 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.via the TL;DR App

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Written by andrew-rossow | TBD
Published by HackerNoon on 2019/07/22