Express

[Live Coverage on Libra Hearing] Congressman Perlmutter Asks For Clarification On What Libra Is

Ramsey Baker

Summary: Colorado Congressman Ed Perlmutter asked Mark Zuckerberg for clarification on whether Libra was a money or something else.  Zuckerberg responded that he sees cryptocurrency as a payment system and doesn’t seek to undercut the U.S. dollar. Perlmutter then stated that he is not sure if Facebook knows what they’re creating. By Ramsey Baker

Colorado Congressman Ed Perlmutter asked Mark Zuckerberg for clarification on whether Libra was a money or something else. 

Zuckerberg responded that he sees cryptocurrency as a payment system and doesn’t seek to undercut the U.S. dollar. Perlmutter then stated that he is not sure if Facebook knows what they’re creating.

By Ramsey Baker

Last Update:

Tags: ,,
Link: [Live Coverage on Libra Hearing] Congressman Perlmutter Asks For Clarification On What Libra Is   [Copy]
Next:

Related Articles

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 17 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 18 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 25 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025

    • You need to login to comment.