US lawmakers consider blocking Facebook's cryptocurrency

Jamie McKane

MyBroadband Journalist
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US lawmakers consider blocking Facebook's cryptocurrency

US Democrats are considering a proposal which would prevent big tech companies from operating as financial institutions, The New York Times reported.

This would reportedly include banning these institutions' abilities to issue digital cryptocurrencies, which would bring Facebook's proposed Libra digital currency into question.
 

Temujin

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Apr 18, 2015
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Not going to happen... trumps against crypto, so they'll do everything they can to make sure it goes mainstream:giggle:
 

Daruk

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Jul 18, 2008
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This is nothing more than a payment processing engine. Little of the stuff that makes crypto unique.
 
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