Congress is right in asking questions about how they are going to handle compliancy and strong identity verification
Yes they are, not that I think for a minute that congress is actually concerned about the privacy of facebook users, or anyone's privacy for that matter. We're the country that has the NSA after all.
I'm not sure there's anything new here. We all knew that *if* Libra doesn't pass the regulators, facebook would have to abandon the project. Hearing Zuckerberg say it doesn't change anything in my eyes. The partners that dropped out already knew this, which is why they did it.
Libra is screwed. I'm sure I am not the only one who sees this.