In a prepared statement to a House oversight committee, Facebook CEO Mark Zuckerberg said plans to launch a global payments system will remain on hold until U.S.
regulators approve it.
The comments end speculation Libra coin could go live in nations where there is no government pushback.The statement, published today,will be part of Zuckerberg's planned testimony before the House Committee on Financial Services on Wednesday.
The committeeannounced in August it would continue reviewing Libra and hear testimony not only from Zuckerberg but also government officials and regulators.