Cryptocurrencies

Facebook Hires Two More Lobbyists to Boost Libra Cryptocurrency

Libra

Source: Libra

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Facebook Inc. hired two more lobbyists to help win over lawmakers threatening to stymie its launch of a cryptocurrency, according to lobbying disclosures filed this week.

William Hollier, president of Hollier Associates LLC, began to lobby for the social-media company on issues including blockchain policy in late August, according to his disclosure. Hollier worked for Senator Mike Crapo, the Idaho Republican who heads the Senate Banking Committee, for more than a decade until 2003. In addition to Facebook, his clients include Microsoft Corp. and the Independent Community Bankers of America.