Browsing the "David Marcus" Tag

What to Expect When Facebook’s Zuckerberg Defends Libra on Capitol Hill

| Nikhilesh De

Here's what you need to know before Mark Zuckerberg testifies in front of the House Financial Services Committee on Libra.

Libra Could Drop ‘Basket’ and Issue Individual Fiat Stablecoins

| Daniel Palmer

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

Facebook-Led Libra Forms Governing Council After Big-Name Departures

| Nikhilesh De

At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council.

Facebook’s Zuckerberg Appears to Put Libra Launch Date in Doubt

| Daniel Palmer

In an interview, Mark Zuckerberg suggested that it might be a while before the Libra cryptocurrency actually gets its launch.

Facebook’s David Marcus Responds to Critics Over Libra ‘Threat’

| Daniel Palmer

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development

| Marc Hochstein

U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing.

Bitcoin Noticeably Absent From Senate Hearing on Facebook’s Libra

| Marc Hochstein

For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.

Facebook’s Marcus Says He’d Accept 100% of His Pay in Libra

| Nikhilesh De

Facebook blockchain exec David Marcus told lawmakers he would be willing to accept 100 percent of his salary in Libra.

What to Expect When Congress Grills Facebook on Cryptocurrency

| Nikhilesh De

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

Facebook to Senators: Libra Crypto Will Respect Privacy

| Nikhilesh De

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.