The US Senate Banking Committee will hold a hearing on Libra on July 16th

The US Senate Banking, Housing and Urban Affairs Committee will hold a hearing on Facebook on July 16 for Facebook's new cryptocurrency Libra. The digital currency and data privacy issues raised by Facebook will be reviewed at the hearing. Earlier, US lawmakers called for a closer investigation of Libra and its potential risks. There are even voices calling for the development of the project to stop before the hearing.