Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security.
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.
The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds…
