Crypto
Why Congress Doesn’t Trust Facebook With Novi
Considering Facebook's failures around user privacy, officials are reluctant to trust it with Novi.
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XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
A new bill introduced in congress imposes broad limitations on crypto platforms irrespective of whether they knowingly help or intend to assist in evading sanctions or not.
Considering Facebook's failures around user privacy, officials are reluctant to trust it with Novi.
When it comes to crypto regulation, the debate is now seeimgly somewhere between a total ban and regulatory inevitability.
The Warner-Portman-Sinema amendment has triggered an agency chess match for digital asset oversight.
Career politicians seem very distant from a legitimate argument against 'shadowy super coders'.