Senate Banking Committee Schedules July Hearing On Facebook’s Libra Crypto
The U.S. Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing on July 16 regarding Facebook’s new cryptocurrency, Libra.
The hearing, “Examining Facebook’s Proposed Digital Currency and Data Privacy Considerations,” comes in the wake of calls from members of Congress to more closely examine Libra and its potential risks. There have even been calls to halt work on the project until hearings are held.