Facebook’s Digital Currency Libra Is Forcing U.S. Regulators to Grapple With Blockchain20 Jun 2019—Fortune
With Facebook planning to roll out its own digital currency, U.S. regulators are expected to push back on the company as they grapple with how blockchain technologies should be regulated.
Facebook’s announcement has already gained considerable interest from regulators across the board. Jerome Powell, the chairman of the U.S. Federal Reserve who previously said that his agency has no jurisdiction over cryptocurrency, already has met with Facebook to learn more about Libra. And just a day after...