Investors hold their breath in anticipation of Congress Hearing on Facebook’s Libra set up for July 16-17. What’s in store for Bitcoin?
Facebook blockchain lead David Marcus sent a letter to U.S. lawmakers in which he addressed multiple questions asked by the government. Facebook says it will respect consumer privacy and is willing to work together with regulators.
If there was a competition between Libra and Bitcoin, head of Facebook’s blockchain sector David Marcus seems to have conceded rather than overselling the facts.
The social media giant hired employees from Chainspace but declined to comment on specific hires, stating that the company isn’t acquiring any of Chainspace’s technology though.
David Marcus, Vice President of Messaging Products at Facebook, joined the board of directors of Coinbase, the world’s largest cryptocurrency exchange.
Braintree launched an open platform v.zero SDK permitting merchants to use advanced payment tools and the most suitable payment methods by means of an integration.