Mark Zuckerberg pitched Libra in the US House of Representatives Financial Services Committee and explains the concept of facebook’s very own cryptocurrency Libra. Mark went on to explain how his Facebook, the parent company of libra is providing and undertaking all the necessary measures before the launch of its cryptocurrency.
The Cheif executive officer of Facebook assured he won’t be launching Libra until it has fulfilled all the given law requirements and satisfy the US lawmaker officials. Though after facebook’s data leak it’s quite hard for US officials to believe in Zuckerberg’s words.
Source:
https://www.thecoinrepublic.com/libra-struggling-to-be-launched-amidst-pressure-by-us-law-officials/
