The House Financial Services Committee Taskforce on Financial Technology considered the implications of central bank digital currencies as they pertain to (i) trade-offs in the design of different technological infrastructures, (ii) consumer privacy and (iii) increased access to financial services.
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Treasury Secretary Steven T. Mnuchin explained funding priorities contained in the proposed FY 2021 Budget.
In testimony before the House Financial Services Committee, Facebook CEO Mark Zuckerberg defended his company's proposed virtual currency, "Libra."
In testimony before the House Financial Services Committee, Facebook CEO Mark Zuckerberg defended his company's proposed virtual currency, "Libra."
The Congressional Research Service highlighted possible benefits and risks concerning Facebook's proposed virtual currency, Libra.