Facebook sets sights on own cryptocurrency
Social network teams up with 28 partners in a Geneva-based Libra Association, which will govern its new digital coin
18 June 2019 - 18:43
San Francisco — Facebook revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.
Facebook has linked with 28 partners in a Geneva-based entity called the Libra Association, which will govern its new digital coin, set to launch in the first half of 2020, according to marketing materials and interviews with executives...
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