Hearing | Zuckerberg testimony: Facebook is not trying to help create a new sovereign currency

On October 23, in the Liberian hearing of the US House of Representatives Financial Committee, Facebook founder and CEO Mark Zuckerberg was making testimony statements, roughly the same as the testimony prepared previously. Keberg talks about the idea behind Libra that sending money should be as simple and secure as sending a text message. Libra will be a global payment system, fully supported by cash and other highly liquid assets. Libra, a cryptocurrency supported by Facebook, will enhance US financial leadership and the democratic values ​​and oversight of the United States around the world. However, Facebook will not launch the Libra payment system anywhere in the world until it is approved by US regulators. To view the full text of Zuckerberg's testimony, please click https://www.8btc.com/article/500130