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Mark zuckerberg wants to creat crypto currency

Mark zuckerberg wants to creat crypto currency

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Congress has yet to act.

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Morning Market Rundown: Navigating Today's Crypto \u0026 Stock Trends - Bitcoin, SPY, QQQ Price
Mark Zuckerberg's ambitious plan to build his own cryptocurrency is falling apart, amid growing pressure from regulators. The company, led by chief executive Mark Zuckerberg, is seeking alternative revenue streams and new features that can attract and retain users. Lawmakers are wary that a corporation wants to create a currency. Facebook CEO Mark Zuckerberg and head of Calibra David Marcus both.

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Here's what Facebook's new cryptocurrency Libra will look like and how it will work. Facebook's parent company, Meta , did not respond to a request for comment. The EU is reportedly investigating Facebook's Libra cryptocurrency over antitrust concerns. Facebook just took the wraps off Libra, a new cryptocurrency that will let anyone in the world pay with their smartphone. Facebook's cryptocurrency push takes a big hit as PayPal cuts ties with Libra.