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The head of Facebook digital currency wallet assured Congress that Libra will cooperate with regulation

Breakaway Review: According to a July 9 report, Facebook's Calibra head David Marcus has written to Chairman Maxine Waters and members of the House Financial Services Committee to prepare for the upcoming Libra hearing.

Translation: Penny

According to a report on July 9, Facebook's Calibra head David Marcus has written to Chairman Maxine Waters and members of the House Financial Services Committee to prepare for the upcoming Libra hearing.

Marcus wrote, "I want to assure you that we are committed to taking the time to do the right thing."

In addition to being the head of the Calibra wallet, LinkedIn also listed David Marcus as the co-founder of Libra.

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