Quote from: jack8989 on August 04, 2019, 09:17:26 AM

Quote from: wolizidan on June 03, 2019, 01:22:47 PM

United States regulator the Commodity Futures Trading Commission (CFTC) is in talks with Facebook about its upcoming stablecoin launch, the Financial Times (FT) reported on June 2.

Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook is attempting to smooth out the regulatory landscape ahead of the asset, currently dubbed GlobalCoin, allegedly going live next year.

currently they are under a lot of pressure from parliament. There is a news that Facebook may have to pay a fee of up to $ 5 billion and must accept some of the parliamentary information security conditions.
It seems that Libra is experiencing many disadvantages during this period. I suspect they will terminate this project.

Exactly, after they released that they are going to developed their own tokens, US law makers started to put a clamp on Facebook. So most likely, we won't see Libra or whatever you call it. I'm sure majority of us doesn't want a big company such as Facebook to have monopoly, of course there's also the issue of privacy which is very important to us.