Facebook CEO Zuckerberg will testify against Libra on Wednesday at the House Financial Services Committee. Zuckerberg said Facebook will not launch Libra anywhere in the world unless it is approved by all US regulators. In addition, he will also say to lawmakers that the Libra cryptocurrency "will expand the financial leadership of the United States and the democratic values and supervision of the United States worldwide." Zuckerberg said that when we debated these issues, the rest of the world was not waiting. China is taking swift action to come up with similar ideas in the coming months. Zuckerberg also stressed that Libra's future is now in the hands of the Libra Association and not Facebook.