Facebook’s planned introduction of its Libra cryptocurrency is facing opposition on all sides that an actual launch by year 2020 could be stalled. As it is, U.S. legislators, financial regulators and government officials not only in the U.S. but also in EU countries are wary that a payment processing system running on blockchain technology and operated by Facebook, presents serious concerns and issues. Lawmakers cannot accept the social media company’s motives at face value, since the Libra business model when combined with the Facebook social site is regarded as much too invasive over users’ private information. In enticing FB denizens …
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- House Ethics Committee Orders Republican Rep. McMorris Rodgers to Return $7,500 in Misused FundsPrior to the close of 2019, the House Ethics Committee concluded its 5-year investigation on how the staffers in Rep, McMorris Rodgers office made improper use of campaign funds and official resources! including staff time, travel funds and congressional office space in carrying out political activities. According the Ethics Committee Report, poor record keeping and […]
- Save And Invest With Your InsurerSavers and investors do not always have to go to their banks for savings or investment products. There are also insurers in the shop window. “Life insurance is widespread,” says lawyer Nathalie Labeeuw (Cazimir). ‘Almost everyone I know has a life insurance policy in portfolio. But often they are not aware of this themselves. They […]