Facebook in a Meeting with a CFTC official statue of liberty in the background

Members of the United States Congress have demanded in a letter that Facebook halts development of the Libra cryptocurrency as it poses a threat to the hegemony of the U.S. dollar. This call by the U.S. Congress is the latest in a long line of government hard-line stances against the social media behemoth’s cryptocurrency plans.

Read MoreRead More. The post by Anthonia Isichei appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\

Source and More information: US Congress Wants Facebook to Halt Libra Cryptocurrency Project

Author: BTCManager.com