The CEO of social media giant Facebook has appeared before a US congressional committee to defend the upcoming launch of a global digital currency.

Mark Zuckerberg says the new "Libra" cryptocurrency will be a force for good.

But there are fears it could disrupt the global financial system, threaten users' privacy, and facilitate money laundering.

Al Jazeera's Shihab Rattansi reports from Washington, DC.

Fitness Sale! Up to 50% Off Men''s Tech Shirts, Shorts and More at Shop Now!

More videos

Newsy 06 Dec 2019 18:26 CET

Facebook sues Chinese hackers