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Latest Libra News

“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks.” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space.