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Zuckerberg to Warn of China Threat in Libra Hearing

By Alex Heath
· · Source: The Information

Facebook CEO Mark Zuckerberg will play up growing tensions between the U.S. and China, while also promising that the company’s embattled Libra digital currency won’t launch without the approval of U.S. regulators, according to prepared testimony he will make before the House Financial Services Committee on Wednesday. “Libra will be backed mostly by dollars and I believe it will extend America’s...

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