Cryptocurrencies

Cryptocurrency CEO selected for interim Georgia Senate seat

Kelly Loeffler
Kelly Loeffler. Photo: Rich von Biberstein/Icon Sportswire via Getty Images

Georgia Gov. Brian Kemp's decision to name Kelly Loeffler as interim U.S. senator has generated lots of political buzz, due to some Trump loyalists claiming betrayal.

Why it matters: The intra-GOP skirmish has obscured the big business story, in that Loeffler will become one of precious few senators with a working knowledge of technology and, in particular, blockchain technology.

Facebook needs strong earnings to distract from its D.C. backlash

Reproduced from CivicScience; Chart: Axios Visuals

Facebook and its CEO, Mark Zuckerberg, have been on another wild ride.

The state of play: They've been dragged on television by opportunistic members of Congress and are fielding multiple antitrust inquiries, while attempting to push forward with the Libra digital currency. Libra is facing mounting resistance from regulators and legislators around the globe.