Sen. Brown Issues Statement on Sale of Facebook Stablecoin Diem
February 02, 2022
February 02, 2022
WASHINGTON, Feb. 2 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement:
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Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after the Diem Association announced its sale, signaling an end to Facebook's (now Meta) pursuit of a stablecoin product.
"Facebook ending its pursuit of Di . . .
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Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement after the Diem Association announced its sale, signaling an end to Facebook's (now Meta) pursuit of a stablecoin product.
"Facebook ending its pursuit of Di . . .