By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. Facebook is too big and too powerful. I don’t know that people would have said that two or three or five years ago, but the public increasingly believes they’re too big and too powerful, particularly to engage in a risky cryptocurrency. Running a cryptocurrency system out of a Swiss bank is a big
The post Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator appeared first on CCN Markets
source https://www.ccn.com/crypto/facebook-powerful-libra-without-rules-democratic-senator/2019/06/22/
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