David Marcus, who is spearheading Facebook’s Libra as head of blockchain, explains that the new platform will not operate as a shadow bank. In his testimony on Wednesday before the United States House Committee on Financial Services, Marcus clarifies, “We will not offer banking services.” Instead, Marcus describes the new Calibra platform as a payment […]The post David Marcus Testifies That Libra Will Not Offer Banking Services appeared first on The Daily Hodl.