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Facebook Vows Libra Currency Will Wait for Approval as US Airs Worries

Newsmax Monday, 15 July 2019
Facebook Inc. said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity.
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News video: Facebook's Libra Gets a Second, Critical Hearing at the House

Facebook's Libra Gets a Second, Critical Hearing at the House 04:11

Facebook's David Marcus faced another day of governmental grilling, this time at the hands of the House Financial Services Committee, over the social media giant's plans for its digital currency Libra.

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