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.
Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals.
Facebook's Mark Zuckerberg will be testifying before lawmakers on Libra and more later today. Watch the livestream here.
Coinbase turned a profit since 2017 and has earned $2 billion in transaction-fee revenue since its founding in 2012.
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress.
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.