Watch Today's Facebook Libra Hearing at the House Financial Services Committee

Today the U.S. House Financial Services Committee will grill Facebook executive David Marcus on the social media giant's proposed Libra cryptocurrency.

The lawmakers will also interview a panel of expert witnesses, including former CFTC chairman Gary Gensler and bitcoin doyenne Meltem Demirors.

The session kicks off at 14:00 UTC (10 a.m. EST). Watch it here:

Also, read our coverage of yesterday's Senate Banking Committee hearing, where mentions of bitcoin were noticeably scarce and Marcus said he'd be willing to be paid 100 percent in Libra.

Join CoinDesk in Washington, D.C., tonight for an evening of instant analysis and reaction as cryptocurrencies and Libra have their day on the Hill. Sign up here.

Image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Marc Hochstein

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.