Oct 23, 2019
Zuckerberg offers an olive branch on Libra
The Facebook CEO is trying to woo lawmakers and regulators to approve his digital currency.
Facebook CEO Mark Zuckerberg testifies during a Senate Commerce, Science and Transportation Committee and Senate Judiciary Committee joint hearing about Facebook in Washington, DC, in 2018.
Saul Loeb/AFP/Getty Images
Facebook CEO Mark Zuckerberg will testify on Capitol Hill Wednesday about the launch of the company’s digital currency, Libra. It was supposed to debut next June, but Zuckerberg will promise Libra won’t go public until it has approval from U.S. regulators. Experts say those regulators are unlikely to grant that approval without more tangible changes to Facebook’s plans.
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