• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Diamandis' Endorsement and Current Market Influence

    Diamandis Backs Bitcoin with Strong Personal Endorsement

    Singularity Founder's Bitcoin Allegiance Sparks Debate

    Singularity Founder’s Bitcoin Allegiance Sparks Debate

    El Salvador Redistributes Bitcoin to Mitigate Quantum Threats

    El Salvador Redistributes Bitcoin to Mitigate Quantum Threats

    Bitcoin to Reach $1 Million: Eric Trump's Prediction and Market Dynamics

    Eric Trump Predicts Bitcoin Reaching One Million Dollars

    Bitcoin Prediction by Eric Trump

    Eric Trump Forecasts Bitcoin Surging to $1 Million

    Grant Cardone Lists Miami Mansion for Bitcoin Sale

    Grant Cardone Lists Miami Mansion for Bitcoin Sale

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    SharpLink Gaming's Ethereum Profit Announcement

    SharpLink Gaming Gains $760M in Unrealized Ethereum Profits

    Ethereum ETFs: Outflows and Market Dynamics

    Ethereum ETFs See $164 Million Outflow in August Activity

    World Liberty Financial Launches USD1 on Solana

    World Liberty Financial Mints USD1 Stablecoin on Solana

    House of Doge Approves $200M Dogecoin Treasury Initiative

    House of Doge Approves $200M Dogecoin Treasury Initiative

    Grayscale's Cardano ETF Amendment Boosts SEC Approval Odds

    Grayscale’s Cardano ETF Amendment Boosts SEC Approval Odds

    Grayscale's Cardano ETF Update

    Grayscale Amends Cardano ETF S-1 Amid High Approval Odds

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Libra Founder Zuckerberg to Appear Before SEC Panel by January 2020

Tony P. by Tony P.
October 4, 2019
in Altcoin News, Latest News
Libra

The founder of Facebook crypto-project Libra, Mark Zuckerberg, is set to appear before the U.S. regulator, the Securities and Exchanges Commission (SEC) by January 2020.

This announcement comes shortly after Facebook COO Sheryl Sandberg agreed to testify before the U.S. House Committee on October 29. However, the meeting will not take place until the CEO Mark Zuckerberg appears before the panel by January 2020. This revelation comes even if the Libra project continues to battle it out with regulators from various regions of the world, about the possibility of launching a cryptocurrency.

Since it announced its intention to launch a cryptocurrency, Facebook has met heavy opposition from various governments, which are concerned about the impact the proposed digital coin might have on the state-owned currencies. Some countries such as France and Germany have already imposed a ban on the project. Financial watchdogs from across the world are equally concerned about the possible impact that the Facebook-allied stablecoin would have on the global financial system.

Libra and Data Privacy

During a hearing in July this year (2019), the Chairwoman of the House Financial Services Committee Maxine Waters said:

“Facebook’s plans raise serious privacy, trading, national security, and monetary policy concerns, not only for Facebook’s over 2 billion users, who will have immediate access to these products but also for consumers, investors and the global economy.”

Based on her sentiments, the Chairwoman Facebook to suspend the launch of Libra until the SEC and the Congress complete their deliberations on the legal structure around the coin. Agreeing with Waters’ decision, Calibra Head David Marcus said:

“Facebook will not offer the Libra digital currency until we have fully addressed regulatory concerns and received appropriate approvals.”

Based on Facebook’s popularity across the world, Libra already commands a 2.8 million-strong user base. To prevent users from engaging in illicit activities, Libra requires all its users to register with a recognized document such as a government-issued ID. This would help control the criminal activities used by cybercriminals.

Tags: facebookLibraLibra cryptocurrencyMark ZuckerbergSEC Panel
Previous Post

BITMAX Exchange Accused of Being Associated with Pump and Dump Schemes

Next Post

Institutional Investors Should Embrace Bitcoin: Morgan Creek Capital CEO

Tony P.

Tony P.

Related Posts

SharpLink Gaming's Ethereum Profit Announcement

SharpLink Gaming Gains $760M in Unrealized Ethereum Profits

by Solomon M.
August 31, 2025

SharpLink Gaming records $760M in unrealized profits from Ethereum investments, impacting the market.

SharpLink Gaming Reports $760M Unrealized Ethereum Profit

SharpLink Gaming Reports $760M Unrealized Ethereum Profit

by Solomon M.
August 31, 2025

SharpLink Gaming reports $760M in unrealized profits from an Ethereum-centric investment strategy, with no official statements available.

Ethereum ETFs: Outflows and Market Dynamics

Ethereum ETFs See $164 Million Outflow in August Activity

by Solomon M.
August 30, 2025

Ethereum ETFs close August with $164M outflow despite strong inflows, highlighting market volatility.

World Liberty Financial Launches USD1 on Solana

World Liberty Financial Mints USD1 Stablecoin on Solana

by Solomon M.
August 30, 2025

World Liberty Financial launches USD1 stablecoin on Solana, minting $100 million to expand multi-chain growth.

EU Accelerates Actions on Foreign Policy Matters

EU Accelerates Actions on Foreign Policy Matters

by Solomon M.
August 30, 2025

EU enhances foreign policy speed with new defense focus amid geopolitical shifts.

EU Introduces Swift Foreign Policy Response Plan

EU Introduces Swift Foreign Policy Response Plan

by Solomon M.
August 30, 2025

EU plans rapid foreign policy actions with ReArm Europe Plan and Readiness 2030.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.