David Marcus


Markets

What to Expect When Facebook's Zuckerberg Defends Libra on Capitol Hill

Here's what you need to know before Mark Zuckerberg testifies in front of the House Financial Services Committee on Libra.

Facebook CEO Mark Zuckerberg (Credit: Aaron-Schwartz / Shutterstock)

Markets

Libra Could Drop 'Basket' and Issue Individual Fiat Stablecoins

Under pressure from regulators, the Libra project may consider a fundamental change to the way its planned crypto payments system will operate.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Facebook-Led Libra Forms Governing Council After Big-Name Departures

At a charter signing in Geneva on Monday, the Libra Association locked in 21 members of its governing council.

Mark Zuckerberg

Markets

Facebook's Zuckerberg Appears to Put Libra Launch Date in Doubt

In an interview, Mark Zuckerberg suggested that it might be a while before the Libra cryptocurrency actually gets its launch.

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Markets

Facebook's David Marcus Responds to Critics Over Libra 'Threat'

The head of Facebook's Calibra has spoken out to "debunk" allegations that the Libra project poses a threat to nations' fiscal sovereignty.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development

U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing.

maxine_waters_facebook_hearing

Markets

Bitcoin Noticeably Absent From Senate Hearing on Facebook's Libra

For a panel about a proposed cryptocurrency, Tuesday's Senate Facebook hearing was light on actual crypto talk.

marcus, facebook

Markets

Facebook's Marcus Says He'd Accept 100% of His Pay in Libra

Facebook blockchain exec David Marcus told lawmakers he would be willing to accept 100 percent of his salary in Libra.

Facebook's David Marcus at a Senate banking hearing in July, 2019

Markets

What to Expect When Congress Grills Facebook on Cryptocurrency

The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

Markets

Facebook to Senators: Libra Crypto Will Respect Privacy

Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.

David Marcus is the co-creator of the Facebook-backed libra stablecoin. (CoinDesk archives)

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