Yesterday, an official letter signed by a group of Democratic senators was sent to Mark Zuckerberg. In himthey demand to freeze his project to develop a digital wallet Novi for the needs of the social platform.
The letter states that frequent scandals overRegarding the theft of confidential user data, they say that Facebook cannot even guarantee the secure storage of account information. Therefore, to say that the platform can offer users reliable transaction processing and token storage – short-sighted and arrogant.
The letter was written immediately after the starttesting the Diem project in Guatemala. This is a renamed Libra token – a stablecoin that Zuckerberg has been trying to bring to market since 2019. The project has repeatedly attracted criticism from US authorities. Therefore, attempts to create a wallet for Diem are naturally stopped by regulators.
Persuasion of the head of Facebook Financial David Marcusgiving the platform a chance to prove that it can cope with storing valuables has so far only raised eyebrows among legislators – after all, the company’s lawyers are still conducting legal disputes over previously issued fines for selling users’ personal data to third parties.
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