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The Daily Hodl 2019-07-30 15:19:54

US Senator Plots How Facebook’s Crypto Project Libra Could Spark a Financial Crisis by Taking Over ‘Critical Public Service’

Speaking at today’s US Senate hearing on cryptocurrencies, entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain,” Senator Sherrod Brown compares Facebook’s Libra project, an upcoming digital asset and payments system, to subprime mortgage loans that triggered the global financial crisis of 2008. Says Sherrod, “Before they blew up the economy in 2008, bankers were […]The post US Senator Plots How Facebook’s Crypto Project Libra Could Spark a Financial Crisis by Taking Over ‘Critical Public Service’ appeared first on The Daily Hodl.

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