Sen. Brown Issues Statement on Facebook Unveiling Details of Its Cryptocurrency
June 18, 2019
June 18, 2019
WASHINGTON, June 18 -- Sen. Sherrod Brown, D-Ohio, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement on Facebook unveiling details of its cryptocurrency Libra:
This new cryptocurrency will give Facebook competitive advantages with regard to collecting data about financial transactions, as well as control over fees and functionality.
"Facebook is already too big and too powerful, and it has used that power to e . . .
This new cryptocurrency will give Facebook competitive advantages with regard to collecting data about financial transactions, as well as control over fees and functionality.
"Facebook is already too big and too powerful, and it has used that power to e . . .