Tag: CNBC

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New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law

A bipartisan team of senators introduced legislation that would regulate Facebook’s Libra stablecoin under securities law. American lawmakers have reportedly introduced a bill aiming to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission (SEC). Two Texas representatives, Sylvia Garcia and Lance Gooden, have proposed legislation that would put even more regulatory…
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Bitcoin is Totally Different to Libra: Calibra Head David Marcus

Calibra head David Marcus says he is a big fan of Bitcoin, but it is totally different to Libra. ⁠David Marcus, the head of Facebook’s forthcoming cryptocurrency wallet Calibra, said that he is a fan of Bitcoin (BTC) but it is totally different to the proposed Libra stablecoin. Bitcoin is digital gold, Marcus says In a…
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