What to Expect When Facebook’s Zuckerberg Defends Libra on Capitol Hill
Here's what you need to know before Mark Zuckerberg testifies in front of the House Financial Services Committee on Libra.
The private Libra project is not in line with what Dorsey wants Twitter to stand for, the CEO (and bitcoin supporter) said.
Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals.
Libra won't necessarily mimic Facebook's historic rise, said Calibra executive Kevin Weil.
Facebook's Mark Zuckerberg will be testifying before lawmakers on Libra and more later today. Watch the livestream here.
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress.