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

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 3 hours ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 3 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 7 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 9 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 11 days ago

    • You need to login to comment.