Facebook Hires Lobbying Firm to Support Its Cryptocurrency Libra

From cryptoglobe.com

Facebook is attempting to push back on the negative press and regulatory pressure coming from Capitol Hill by hiring a lobbying firm to support their digital currency libra. Despite generating a fair amount of community interest, Facebook’s digital currency has created a firestorm for U.S. Congressional leaders and regulators around the globe. Earlier in the month, it was reported that a group of U.S. lawmakers would be traveling to Switzerland to meet directly with the data security regulator overseeing Facebook’s libra, but the meeting seemingly didn't clear regulators' doubts. Now, the social media platform ... (full story)