Mark Zuckerberg, the founder of social media giant Facebook (NASDAQ:FB), plans to tell United States Congress that Libra will not launch anywhere in the world until U.S. regulators approve it.
Per Zuckerberg’s prepared remarks released on Oct. 22 in advance of planned hearings before the U.S. House Financial Services Committee, the Facebook CEO wants to assuage regulatory concerns over the launch of the coming stablecoin. He said: