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US Senators Warn Three Facebook’s Libra Backers of Membership Risks

Published 10/09/2019, 03:35 AM
Updated 10/09/2019, 03:41 AM
US Senators Warn Three Facebook’s Libra Backers of Membership Risks

Three backers thought to be reconsidering their involvement in Facebook’s digital currency Libra have received warnings from the United States’ politicians over participating.

According to Bloomberg’s article published on Oct. 9, a letter to Visa (NYSE:V), Mastercard (NYSE:MA) and Stripe was sent by two U.S. senators. In it, they are reportedly pressuring the three payment giants to look closer at the regulatory implications of Libra.

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