A bipartisan team of representatives introduced the bill on Thursday, which could bring greater regulation to Facebook's libra if passed.
The legislation follows Facebook CEO Mark Zuckerberg's October hearing in front of the House Financial Services committee. One of the representatives introducing the bill said she was "disappointed" with his answers during the testimony.
Two members of the House Financial Services Committee, Reps. Sylvia Garcia, D-Tex., and Lance Gooden, R-Tex., proposed the "Managed Stablecoins are Securities Act of 2019" on the day of a. Garcia explicitly called out libra in a statement announcing the bill, saying that it and other managed stablecoins "are clearly securities under existing law."
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Lea Michele Paints a Picture of 'Christmas in New York' With Festive New Music VideoLea Michele knows the magic of her hometown during the holiday season, and she portrayed the New York City splendor with a new music video for 'Christmas in New York.'
Lire la suite »
Cardi B Drops A New Freestyle To Hold Over Fans Until New Album ComesShe raps about haters and losing friends in the minute-long clip
Lire la suite »
The Lowdown on Great Auk Outfitters, Ministry of Supply’s New Ethical Luxury BrandThe brand's hero product is touted as a “fully sustainable jacket that can withstand extreme temperatures, without any animal products.” 🔐
Lire la suite »
Meet The New Class Of Partisan Facebook Pages Dominating The Online Battle In The British General ElectionWhile parties bombard voters with targeted ads, a bigger digital war is being fought under the radar between populist Brexiteer and Corbynite pages with massive audiences.
Lire la suite »
Fat Tire brewer New Belgium is latest to sell in craft-beer buying bonanzaThrough all the sales of craft breweries to massive beer conglomerates in recent years, New Belgium Brewing appeared ready to hold out. In the end, though,...
Lire la suite »