{"id":"tp-4242","type":"article-newspaper","title":"Libra will be classified once it goes live; PayPal explains why it backed out of the Association","author":"J Russ Isberto","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/4242","datePublished":"2019-11-21T08:52:19.000Z","dateModified":"2019-11-21T08:52:19.000Z","language":"en","abstract":"Libra is still in development and CFTC Heath Tarbert said it’s too early to classify the stablecoin as there’s still a lot of unanswered questions revolving around the product.","section":"Regulation","references":[{"title":"development is still moving forward","url":"https://tokenpost.com/Facebooks-Libra-marches-ahead-logs-34-projects-since-testnet-launch-in-September-4241"},{"title":"CoinDesk reported","url":"https://www.coindesk.com/too-early-to-tell-if-libra-is-a-security-cftc-chairman-says"},{"title":"U.S. Congress has yet to change its negative perspective towards Libra","url":"https://tokenpost.com/Libra-facing-the-same-resistance-that-electricity-internet-met-before-mass-adoption-took-place-Calibra-head-argues-3967"},{"title":"Top-level Chinese officials also view Libra as a massive threat","url":"https://tokenpost.com/Facebook-Libra-should-be-a-great-concern-for-all-country-emerging-markets-Chinese-official-said-3942"},{"title":"PayPal CEO Dan Schulman spoke with Fortune last week","url":"https://fortune.com/2019/11/20/paypal-ceo-dan-schulman-libra/"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}