Tag: Yahoo Finance

UPDATE 1-Zuckerberg to tell Congress Facebook is 'not the ideal messenger' for Libra currency

Facebook Chief Executive Mark Zuckerberg plans to acknowledge before Congress that Facebook is not the "ideal messenger" for its Libra cryptocurrency project, given ongoing criticism of the company. In prepared testimony made available on Tuesday, Zuckerberg plans to tell lawmakers he supports delaying Libra's launch, currently set for mid-2020, until U.S. regulatory concerns are fully addressed....