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ANALYSIS: The Facebook Working Group—It’s Going To Be Huge!

Aug. 12, 2019, 12:02 PM

The Libra cryptocurrency project has received a wave of high-level attention since Facebook announced it on June 18, 2019. Figures such as the Chairman of the Federal Reserve, the Secretary of the Treasury, Senate and House members, and even President Trump have drawn attention to a wide range of issues that may create problems for the Libra project. The actual work of addressing the legal and regulatory issues created by Libra will fall to a legion of federal and state administrative agencies, however, and they are many. Public discussion of Libra has barely begun to mention most of ...