U.S. lawmaker says still concerned about Facebook cryptocurrency after Swiss meetings

From reuters.com

The chair of the U.S. House Financial Services Committee said on Sunday she remained concerned about Facebook’s plans for a digital currency after meeting the government officials in Switzerland that Facebook has said will regulate it. “While I appreciate the time that the Swiss government officials took to meet with us, my concerns remain with allowing a large tech company to create a privately controlled, alternative global currency,” Congresswoman Maxine Waters said in a statement. Facebook (FB.O) is trying to get Washington on its side after the social media company shocked regulators and lawmakers with its ... (full story)