Facebook blockchain boss David Marcus says Libra won't launch until it has 'fully addressed regulatory concerns'

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Facebook exec David Marcus testifies before a US Senate committee on Tuesday about the company's ambitious digital currency plan.

On Tuesday, Facebook blockchain exec David Marcus will testify before a US Senate committee about the company's digital currency Libra. In advance of hearing, the committee has released a copy of Marcus' prepared testimony. The executive will say that Libra will be regulated by Swiss authorities and won't be launched until it has"fully addressed regulatory concerns." Visit Business Insider's homepage for more stories.

On Tuesday, Facebook blockchain exec David Marcus will testify before a US Senate committee about the company's digital currency Libra. In advance of hearing, the committee has released a copy of Marcus' prepared testimony. The executive will say that Libra will be regulated by Swiss authorities and won't be launched until it has"fully addressed regulatory concerns." Visit Business Insider's homepage for more stories.

 

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