16-07-2019 16:33 via feedproxy.google.com

Facebook set for grilling on Libra cryptocurrency

Facebook is set to face further scrutiny on its ambitions to launch a cryptocurrency after "very serious concerns" were raised by senior US government members.The company is set to be questioned by the US Senate Banking Committee over its Libra cryptocurrency as the government looks to clarify its stance on the technology. Head of Messenger and Vice President of Messaging Products at Facebook David Marcus will take to the stand to face questioning from government officials on the company's plans
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