Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Cointelegraph

Published Jun 18, 2019 06:30PM ET

Updated Jun 18, 2019 06:42PM ET

Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Disclaimer: this story is breaking and will be subject to updates.

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook (NASDAQ:FB) halt development on its cryptocurrency, the Libra, as reported by CNN Tech Reporter Brian Fung in a series of tweets June 18.

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