US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insuffic...

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insuffic...

A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” the lawmakers said. US Senators Urge Facebook to Stop Crypto Wallet Pilot U.S. Senators Brian Schatz, Sherrod Brown, Richard Blumenthal, Elizabeth Warren, and Tina Smith wrote a letter to Facebook CEO Mark Zuckerberg regarding....


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