Facebook called before Senate panel over digital currency project

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Facebook called before Senate panel over digital currency project
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Facebook Inc's plans to create a global cryptocurrency will face scrutiny f...

FILE PHOTO: A 3-D printed Facebook logo is seen on representations of the Bitcoin virtual currency in this illustration picture, June 18, 2019. REUTERS/Dado Ruvic/Illustration

David Marcus, who oversees Facebook’s blockchain efforts, is expected to testify, according to a source in Washington familiar with the matter. In May, the leaders of the Senate Banking Committee wrote to Facebook seeking information on rumors of its cryptocurrency project, and how it would protect consumer information.

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