A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee. Bill meant for Facebook? According to a report from Reuters, a copy of the […]The post “Keep Big Tech Out of Finance Act” proposes $1 million per day fine on large tech companies acting as financial institutions appeared first on CryptoSlate.
