https://techcrunch.com/2019/10/23/zuckerberg-testimony/

Congress grilled Facebook’s CEO today, unleashing critiques of his approach to cryptocurrency, privacy, encryption, and running a giant corporation. Mark Zuckerberg tried to assuage their fears while stoking concerns that if Facebook doesn’t build Libra, then the world will end up using China’s version.

During the hearing before the House Financial Services Committee that you can watch here, Zuckerberg recommitted to only releasing Libra with full US regulatory approval. But given the tone of the questioning and Zuckerberg’s lack of fresh answers since Facebook’s David Marcus testified about Libra in July, Libra now looks even less likely to launch in 2020. With few highlights or positive moments coming from the hearing, here are the lowlights that matter.