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Facebook defends plans for cryptocurrency amid grilling by US lawmakers
Mark Zuckerberg attempted to quell concerns around the launch of Facebook’s cryptocurrency Libra at a US Congress hearing, admitting that he is not the “ideal messenger” to discuss the project.
The Facebook CEO told the hearing: “We’ve faced a lot of issues over the past few years and I’m sure there are a lot of people who wish it were anyone but Facebook that was helping to propose this.