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Facebook’s Libra ‘like starting a bank’ without going through the steps: Rep. Waters


Libra Cryptocurrency

Facebook’s Libra ‘like starting a bank’ without going through the steps: Rep. Waters

Representative Maxine Waters (D-CA) joins CNBC's "Closing Bell" team to discuss Facebook's foray into cryptocurrency. She says the social media giant should pause its crypto project. She also weighs in on bank regulation and Trump's relationship with Fed Chairman Powell. Waters serves as Chair of the House Financial Services Committee.

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  • Blockchain industry raises concern over EC’s proposed crypto regulations
    Backed by players like Ripple and ConsenSys, the INATBA association responds to the EC’s legislative proposals on crypto. Major players in the global cryptocurrency community have addressed the European Commission’s new legislative proposals on digital assets. The International Association for Trusted Blockchain Applications, or INATBA, has released an initial response to the Markets in Crypto-Assets […]
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  • Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market
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