Who Will Regulate Facebook Crypto Currency?

Credit: Wochit News
Published on July 17, 2019 - Duration: 00:32s

Who Will Regulate Facebook Crypto Currency?

Business Insider reports that David Marcus, head of Facebook's cryptocurrency Libra, testified in front of the Senate on Thursday.

Marcus stated that the Libra Association will oversee Libra and be headquartered in Switzerland.

He said will be regulated by the Swiss Federal Data Protection and Information Commissioner (FDPIC).

But the FDPIC says it has not been in touch with Facebook.


Who Will Regulate Facebook Crypto Currency?

Available for |Editorial uses|.

|Learn more| , Not released Contact your |local office| for all commercial or promotional uses.|0 Available for |Editorial uses|.

|Learn more| , Not released Contact your |local office| for all commercial or promotional uses.

Full editorial rights UK, US, Ireland, Canada (not Quebec).

Restricted editorial rights for daily newspapers elsewhere, please call.

Available for |Editorial uses|.

|Learn more| , Not released Contact your |local office| for all commercial or promotional uses.|This image is a photo illustration.

You are here

Recent related videos from verified sources

Treasury Secretary Mnuchin Issues Warning about Facebook Crypto Plan 05:34
Credit: Cheddar Inc. - Published on July 15, 2019 

You might like