Facebook Libra backers Visa, Mastercard and Stripe have received a direct warning from US politicians about their involvement with the project. Senators: ‘You Should Be Concerned’ In a strongly-worded letter quoted by Bloomberg on October 9, two senators warned the three payment firms about compliance risks of Libra, Facebook’s unlaunched digital currency. Its authors were Senator Sherrod Brown, the senior Democrat on the Senate Banking Committee, and panel member Senator Brian Schatz. “Facebook is currentlyRead MoreThe post US Senators Directly Caution Visa, Mastercard On Libra After PayPal Exit appeared first on Bitcoinist.com.
