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Community Champion

Facebook and Libra

Has stark reality dawned or should I just turn over and go back to sleep:  https://www.itnews.com.au/news/fed-chief-calls-for-facebook-to-halt-libra-project-528026?eid=1&edate...

 

Will it make them review this project or will Google sneak up underneath and look legitimate?

 

Regards

 

Caute_cautim

2 Replies
Community Champion

Re: Facebook and Libra

On Wednesday, Federal Reserve chairman Jerome Powell warned that "Libra raises many serious concerns regarding privacy, money laundering, consumer protection and financial stability." No kidding!

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Community Champion

Re: Facebook and Libra

 

After all the scrutiny Facebook's been coming under recently, I doubt they'd allow Libra to proceed. Then again, Trump might be an avid user of Facebook, in which case anything is possible... Man Wink

 

 

Shannon D'Cruz,
CISM, CISSP

www.linkedin.com/in/shannondcruz