Facebook attempts to address concerns expressed by regulators on the original proposal
The tax problems with this proposal identified in our client briefing on Libra 1.0 remain unresolved.
The tax problems with this proposal identified in our client briefing on Libra 1.0 remain unresolved.
According to the Facebook model, you steal a little and they bank the ad revenue.
FSB & G7 leaders believe it should halt operations until legal oversight is completed.
It is not clear how Facebook intend to solve this problem.