Today’s hearing played out like a follow-up to some of Congress’ broader queries on cryptocurrency during the Libra discussions. Legislators grilled three panelists — Circle’s CEO Jeremy Allaire; ...

Mr Marcus told the hearing: "The way we've built this is to ... nor will Facebook or the Libra Association position themselves to compete with sovereign currencies or interfere with monetary ...

The Libra/Diem saga serves as a powerful reminder that technological innovation cannot outpace regulatory trust and public confidence. Despite Facebook’s massive resources and technical capabilities, ...