October 23, 2019 Mark Zuckerberg testifies to House Financial Services Committee.

Speaking on Facebooks role in developing Libra, Zuckerberg reiterated that Facebook would leave the Libra Association should the association attempt to launch without U.S. regulators’ approval. When pressed on anonymous wallets and AML practices in questioning, Zuckerberg noted that Calibra is developing a wallet with strong identity verification.