The Face Of Facebook’s Cryptocurrency Initiative

It is widely known that the crypto industry has hardly ever had one key spokesperson which is isn’t really surprising as cryptocurrency is after all about decentralization.

However this is not the case with Facebook’s Libra project where David Marcus, the man behind the social media giant’s project served as an envoy for the whole cryptocurrency space in the global-level regulatory debate.

Whether the wider cryptocurrency community agrees to this or not U.S. legislators are used to dealing with specific people representing interest groups and industry associations.

It is likely that the U.S. Congress will view Marcus not only as a representative to Facebook’s Libra cryptocurrency but to the whole cryptocurrency ecosystem.

To quell concerns about his qualification it is good to know that the executive as a very good foundation to represent cryptocurrencies and fintech as he was the former president of Paypal as well as one of the few silicon valley executives that was and still is a believer in cryptocurrencies.

Headlines for the world of Cryptocurrencies - August 10, 2019
  • Digital Yuan Development Accelerated
  • Ripple To Leverage Its Advantages According To CEO
  • India Will Soon Introduce Crypto Bill On Next Parliament Session
  • New Jersey To Have Its Own Blockchain Task Force
  • Holdings Company In South Korea Using Ripple Fork For Donations
Headlines for the world of Cryptocurrencies - August 09, 2019
  • Binance U.S. Plans To List 30 Digital Assets
  • BitGo Expanding Japanese Presence
  • Chinese Crypto Wallet Provider ImToken Provides Insight On Local Crypto Market
  • New York Bank Embraces Cryptocurrencies
  • IDC Reports $16 Billion Spending On Blockchain By 2023
Headlines for the world of Cryptocurrencies - August 08, 2019
  • New Tax Bill Seeks To Seek Crypto Tax Breaks
  • Walmart May Face Lesser Resistance From Regulators
  • Coinone Improves Its Safety Measures
  • SBI’s New Tech Will Help Them Meet FATF Standards
  • Amazon To Put Ads Data On A Distributed Ledger Technology





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