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  1. Trump Warns Facebook Over Its Plan to Create a Digital Currency

    Bloomberg via Yahoo FinanceJul 12 2:16 AM

    “Facebook Libra’s ‘virtual currency’ will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject ...

  2. Facebook's Crypto Plan Called ‘Delusional’ as Senate Digs In

    Bloomberg via Yahoo FinanceJul 16 17:01 PM

    At a hearing Tuesday before the Senate Banking Committee, lawmakers compared the social media giant to a toddler playing with matches who burns the house down, blasted it for repeatedly violating ...

  3. Big Tech Is Taking a Bipartisan Beating All Over Washington

    Bloomberg via Yahoo FinanceJul 17 8:00 AM

    House Democrats on Tuesday grilled Inc. over perceived conflicts of interest on its platform, while senators from both parties slammed Facebook Inc. over its plan to introduce a cryptocurrency ...

  4. Is Facebook a Bank? Congress Pushes for Answers on Crypto Foray

    Bloomberg via Yahoo FinanceJul 17 23:17 PM

    David Marcus, the Facebook executive leading its blockchain efforts, spent much of his time at congressional hearings this week apologizing for the past mistakes of his employer. When he wasn ...

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