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A Michigan congressperson said Facebook's Libra cryptocurrency reminded him of a 'platypus' but then decided it was more like a traveler's check (FB)
 

A Michigan congressperson said Facebook's Libra cryptocurrency reminded him of a 'platypus' but then decided it was more like a traveler's check (FB)

A Michigan congressperson said Facebook Bill Clark/Getty Images David Marcus, head of Facebook's cryptocurrency efforts, testified at a House of Representatives Committee on Financial Services hearing about Libra, the social network's forthcoming cryptocurrency. Rep. Bill Huizenga used his time to question Marcus and slip in humorous asides, including an explanation of traveler's checks for younger representatives, and a comparison of Libra to a platypus. "Is it a security, is it an exchange-traded product, what exactly is this? ... read more

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