The letter urges Meta to explain how new stablecoin efforts differ from Libra and disclose any crypto industry partnerships or lobbying.
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The letter urges Meta to explain how new stablecoin efforts differ from Libra and disclose any crypto industry partnerships or lobbying.
U.S. political pressure, not regulations, ended Facebook’s Libra project, says David Marcus, citing indirect Fed warnings to banks involved.
The former Diem head launched his LN project back in May 2022.