Ars Technica: Facebook is backpedaling from its ambitious vision for Libra

Ars Technica: Facebook is backpedaling from its ambitious vision for Libra. “David Marcus, the head of Facebook’s new Calibra payments division, appeared before two hostile congressional committees this week with a simple message: Facebook knows policymakers are concerned about Libra, and Facebook won’t move forward with the project until their concerns are addressed.”