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Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

Reuters Wednesday, 17 July 2019
Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the project, saying the company had not shown it could be trusted.
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News video: Facebook Tries to Sell Congress on Decentralized Currency Plan. But Congress Isn’t Buying.

Facebook Tries to Sell Congress on Decentralized Currency Plan. But Congress Isn’t Buying. 04:11

The House Financial Services Committee had more pointed questions for Facebook's David Marcus about the governing structure of the Libra Association in the second day of Congressional grilling.

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