Libra will wait for approval from all US financial agencies that regulate various aspects of financial security and stability, said Facebook (NASDAQ:FB) CEO Mark Zuckerberg, in his first hearing with the US House of Representatives Financial Services Committee.
Zuckerberg admitted he plans to hold back the Libra launch, in his questioning session with rep. Caroly Maloney.
Maloney was also worried Libra would use anonymous wallets, with the potential to transfer Libra anonymously. She added that anonymous transfers, through third-party wallets, would be a national security issue. Zuckerberg stated that Libra would be a fully transparent and regulated channel of pay...