Skip to content

Facebook’s cryptocurrency hearing, explained

Fintech Beat podcast, Episode 11

David Marcus, head of Facebook's Calibra digital wallet service, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing on "Examining Facebook's Proposed Digital Currency and Data Privacy Considerations" on Tuesday, July 16, 2019. (Bill Clark/CQ Roll Call)
David Marcus, head of Facebook's Calibra digital wallet service, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing on "Examining Facebook's Proposed Digital Currency and Data Privacy Considerations" on Tuesday, July 16, 2019. (Bill Clark/CQ Roll Call)

No issue has generated more concern about Facebook’s Libra than the potential for it to be abused as a tool to finance terrorism or launder money.

In this episode, Fintech Beat talks with data and analytics firm Chainalysis about international regulatory efforts, so-called clustering and blockchain forensics.

Host Chris Brummer also talks about his experience testifying before Congress on the new digital currency.

[jwp-video n=”1″]

 

Recent Stories

Judge warns attorney for Jan. 6 pipe bomber suspect

‘Slipping further down the slope’ toward another ‘vote-a-rama’

Virginia judge blocks certification of redistricting referendum

Democrats celebrate Virginia redistricting win as Jeffries vows ‘maximum warfare’

2 ways Congress can improve its standing with Americans

Republican hopefuls in swing seats aren’t walking away from Trump