Express

[Live Coverage on Libra Hearing] Carolyn Maloney Questions Whether Zuckerberg Will Wait For U.S. Regulators

Ramsey Baker

Summary: Congress woman Carolyn Maloney asked for clarity on what regulators Mark Zuckerberg was referring to when he stated that Facebook would not launch Libra unless given approval from United States regulators. Zuckerberg simply responded, “all of them, for different thing, since different regulators focus on different areas.” Zuckerberg then assured that he will be waiting ...

Congress woman Carolyn Maloney asked for clarity on what regulators Mark Zuckerberg was referring to when he stated that Facebook would not launch Libra unless given approval from United States regulators.

Zuckerberg simply responded, “all of them, for different thing, since different regulators focus on different areas.” Zuckerberg then assured that he will be waiting to get approval from everyone required before launch.

By Ramsey Baker

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 1 day ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 2 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 13 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 15 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 16 days ago
  • You need to login to comment.