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Facebook should not be trusted with 'crazy' cryptocurrency plan: senators

Credit: Reuters- Published on July 16, 2019
Democratic and Republican lawmakers said on Tuesday that Facebook Inc's track record of what they described as untrustworthiness should stand in the way of it launching a digital currency, labeling the plan "delusional" and "crazy" at a Senate hearing.
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Credit: Cheddar Inc.
Published on July 17, 2019 -  04:11
Facebook Tries to Sell Congress on Decentralized Currency Plan. But Congress Isn’t Buying.
The House Financial Services Committee had more pointed questions for Facebook's David Marcus about the governing structure of the Libra Association in the second day of Congressional grilling.

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