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]
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 13 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 20 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 24 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 26 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... August 29, 2025
  • You need to login to comment.