United states asks facebook to stop pound development

Since it was announced a month ago, Libra, Facebook's cryptocurrency, has not gained many fans. In fact, central banks and various organizations have already expressed their concern about the arrival of this cryptocurrency. So it is now The United States Chamber of Financial Services Committee that asks Facebook to stop the development of this currency temporarily.

The United States asks Facebook to stop the development of Libra and Calibra

We want to carry out an in-depth investigation of it first. That is why it is requested that its development be temporarily stopped. Until more can be learned about it.

Many doubts about the currency

The various security problems experienced by Facebook, added to its treatment of personal data, something always in the spotlight, raise doubts. So the regulatory bodies want to regulate Libra's powers before the currency comes out. In addition, so far little information has been provided about the currency, which has raised many more questions about it.

So there is an investigation underway. But the social network is asked to pause the development of this currency and Calibra, the payment app, temporarily. These questions must first be resolved before proceeding with that currency.

From Facebook they seem willing to collaborate in this regard. So it is possible that the development of Libra is stopped briefly, or that the social network is going to share more information about its cryptocurrency. In any case, we hope to hear from you shortly.

The Verge Font