‘Not the ideal messenger’: Facebook CEO to face heat over crypto

‘Not the ideal messenger’: Facebook CEO to face heat over crypto

Facebook Chief Executive Mark Zuckerberg plans to acknowledge before the United States 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 legislators he supports delaying Libra’s launch, currently set for mid-2020, until United States regulatory concerns are fully addressed.