Facebook answers how Libra taxes & anti-fraud will work
Friday, 12 July 2019 () Facebook provided TechCrunch with new information on how its cryptocurrency will stay legal amidst allegations from President Trump that Libra could facilitate “unlawful behavior”. Facebook and Libra Association executives tell me they expect Libra will incur sales tax and capital gains taxes. They confirmed that Facebook is also in talks with local convenience stores and […]
Facebook is Real Money's Stock of the Day. The social media giant has come under pressure from politicians on both sides of the aisle regarding their Libra cryptocurrency. President Trump tweeted yesterday, "If Facebook and other companies want to become a bank, they must seek a new Banking Charter...
Facebook's David Marcus faced another day of governmental grilling, this time at the hands of the House Financial Services Committee, over the social media giant's plans for its digital currency Libra.
On Tuesday, at 10 a.m. PT/1 p.m. ET, Facebook's David Marcus will stand before the U.S. Senate Banking Committee and explain Facebook's vision for Libra... Mashable Also reported by •Fossbytes •WorldNews •The Cointelegraph •TechCrunch
A Swiss regulatory agency that Facebook executive David Marcus said in Congressional testimony would be responsible for overseeing data and privacy protections... TechCrunch Also reported by •The Cointelegraph