David Marcus, a Facebook executive who oversees the social network's drive to create a new cryptocurrency, told a U.S. House of Representatives committee hearing that Facebook will be patient and delay any launch until regulators can complete a review of the proposal and grant the appropriate approvals.
Zev Fima, Research Analyst with ActionAlertsPLUS, had a chance to sit down with three bright minds from Greenwood Project to discuss their views on cryptocurrency.
Facebook's head of crypto David Marcus received tough questioning on the Hill on Tuesday, primarily from Democratic Senators.
JPMorgan Chase is reporting its second-quarter earnings for 2019. Watch the video timeline to learn more about the company.
It is unclear how a 'libra' denominated transaction might be governed in the future and it might require the creation of an entirely new oversight entity.
Jim Cramer weighs in on his thoughts about Libra after Facebook's digital currency was criticized by President Trump and Federal Reserve Chair Jerome Powell.
President Donald Trump added his voice to a growing list of regulators and lawmakers who are concerned with Facebook's plans to launch a global digital currency that could challenge U.S. dollar hegemony and put financial stability at risk.
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