Facebook CEO Mark Zuckerberg will tell House lawmakers Wednesday that he's willing to postpone the launch of the controversial digital currency that the social media giant is spearheading, amid growing pushback from policymakers around the world.
Facebook and its partners working to launch the Libra payments network have been planning to start offering it to users next year. But Zuckerberg signaled he was open to taking more time, the latest indicator that regulatory hurdles are imperiling efforts to get Libra off the ground.
Zuckerberg surrenders.