July 18 - 09:07
140D
Lawmakers grill Facebook over cryptocurrency plans
Facebook's Libra cryptocurrency has been scrutinised by the House Financial Services Committee. The project's manager David Marcus (pictured) answered questions on the safeguarding of personal data and whether Facebook could be trusted as part of the world's financial system. Marcus was grilled for over five hours. Some politicians labelled Facebook 'delusional' over its plans.
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