Facebook blockchain boss David Marcus says Libra won't launch until it has 'fully addressed regulatory concerns'

Canada News News

Facebook blockchain boss David Marcus says Libra won't launch until it has 'fully addressed regulatory concerns'
Canada Latest News,Canada Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Facebook exec David Marcus testifies before a US Senate committee on Tuesday about the company's ambitious digital currency plan.

On Tuesday, Facebook blockchain exec David Marcus will testify before a US Senate committee about the company's digital currency Libra. In advance of hearing, the committee has released a copy of Marcus' prepared testimony. The executive will say that Libra will be regulated by Swiss authorities and won't be launched until it has"fully addressed regulatory concerns." Visit Business Insider's homepage for more stories.

On Tuesday, Facebook blockchain exec David Marcus will testify before a US Senate committee about the company's digital currency Libra. In advance of hearing, the committee has released a copy of Marcus' prepared testimony. The executive will say that Libra will be regulated by Swiss authorities and won't be launched until it has"fully addressed regulatory concerns." Visit Business Insider's homepage for more stories.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Facebook crypto chief says company does not expect 'to make money at the outset' with Libra currencyFacebook crypto chief says company does not expect 'to make money at the outset' with Libra currencyIn his prepared testimony for Tuesday's Senate banking committee hearing, Facebook's David Marcus tells lawmakers that the Libra currency will be secure.
Read more »

BMI Promotes David Levin to Senior VP of Digital LicensingBMI Promotes David Levin to Senior VP of Digital LicensingBMI today announced that David Levin has been promoted to Senior Vice President of Licensing, effective immediately. In his newly expanded role, Levin is responsible for all of BMI’s domestic licen…
Read more »

David Dobrik on What He Learned From 1-Month Marriage to Lorraine NashDavid Dobrik on What He Learned From 1-Month Marriage to Lorraine NashThe YouTuber split from Jason Nash's mom in June, one month after they tied the knot.
Read more »

Jenelle Evans & David Eason Welcome New Pups After Dog Killing ScandalJenelle Evans & David Eason Welcome New Pups After Dog Killing ScandalAfter getting rid of their other two dogs, the former reality stars decided to get new dogs to add their farm.
Read more »

WTF, Jenelle Evans and David Eason Get Two New Dogs After Nugget's MurderWTF, Jenelle Evans and David Eason Get Two New Dogs After Nugget's MurderJenelle Evans and David Eason Get Two New Dogs After Nugget's Murder
Read more »

Jenelle Evans and David Eason Get New Puppies After Shooting IncidentJenelle Evans and David Eason Get New Puppies After Shooting IncidentLet’s recap, shall we? - Janelle Evans claimed her husband shot her dog - She temporarily lost custody of her kids due to the incident - The police said she made the whole story up - She and her husband got not one but two new dogs
Read more »



Render Time: 2025-03-17 03:08:45