Libra Hearing | Libra Project Leader Marcus: Libra is working with US regulators

Beijing time today (July 16) at 22:00, the US Senate Banking Committee and the House Financial Services Committee held a hearing on the Facebook Libra project. The hearing was from David A. Marcus, the head of the Facebook Calibra team. In the opening speech, Mike Crapo of the US Senate Banking Committee affirmed the benefits of Facebook libra, such as HP Finance, and faster and cheaper payments. He also pointed out that G7, the UK regulator, the Bank of England, and the Federal Reserve have recently expressed their views on Libra. Worried. Questions about jurisdiction. Mike Crapo believes that the United States should lead Libra's jurisdiction and ask David A.Marcus if he agrees, after all Libra is headquartered in Switzerland. Marcus agreed and is now working with US regulators. He also emphasized privacy, saying that Facebook does not touch user information. The hearing will be broadcast live on the web, and the Binbit Node will be tracked and reported in real time. Link: https://www.chainnode.com/post/354324