Tag: Libra

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EC reportedly launches preliminary probe into Libra

EC reportedly launches preliminary probe into Libra

The European Union’s antitrust watchdog has already launched a probe into Facebook’s cryptocurrency project Libra, Bloomberg has reported. According to a document seen by the newswire, the European Commission is “currently investigating potential anti-competitive behavior” related to the Libra Association, the Geneva-based consortium that governs the… Read More

UK lawmakers likely to investigate Facebook over Libra

UK lawmakers likely to investigate Facebook over Libra

Members of the UK Parliament might probe Facebook’s Libra project soon, as they are worried over the proposed cryptocurrency’s potential impact on areas such as consumer privacy. As reported by news outlet Financial News, Facebook’s Libra cryptocurrency has drawn the attention of the House of Commons’… Read More

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