Facebook cryptocurrency may not be launched
All this will depend on the approval of the United States Government, who through their House of Representatives will hold a meeting with the members of the social network
Mark Zuckerberg and part of the Facebook development team must appear before the United States House of Representatives regarding the cryptocurrency of the social network, libra.
From this meeting, where the representatives must answer the questions of the Financial Services Committee, it will be decided whether or not the digital asset will finally be released to the market.
Given this situation, the founder of Facebook took the lead and made his statement public where he says they will not continue with this pound project, in case the US regulators do not approve.
Zuckerberg puts the pound as a solution for “those who have failed the system” and anticipates that they have considered concerns related to the cryptocurrency can help finance terrorists or launder money.
On the other hand, the creator of the social network highlighted the fact that this cryptocurrency will not be launched to other parts of the world, until they have the support of the United States, so this does not rule out a delay in the launch.
K. Tovar
Source: Hipertextual
