Here's what you need to know before Mark Zuckerberg testifies in front of the House Financial Services Committee on Libra.
Facebook's CEO released his written testimony a day before his scheduled appearance before the U.S. House of Representatives.
The House Financial Services Committee will question SEC commissioners about crypto regulations and Facebook's Libra next week.
Former CFTC Chairman Gary Gensler believes Facebook's Libra looks – and should be regulated like – a security.
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions.
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday.
The U.S. House Financial Services Committee has scheduled a hearing on Facebook's libra cryptocurrency for July 17, one day after the Senate holds its hearing.