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https://finance.yahoo.com/news/facebook-crypto-calibra-libra-coin-2020-launch-090007870.html
Facebook is planning to launch its own cryptocurrency backed by a basket of currencies and other low volatility assets. They have major some corporate backers including:
They are trying to reach the billions of unbanked people in the world. and it definitely lends legitimacy to crypto.
But Josh Hawley has it out for Facebook for some reason and so does Maxine Waters. Both are wrong
https://finance.yahoo.com/news/republican-senator-facebook-is-expanding-their-monopoly-with-libra-203038734.html
https://www.cnbc.com/2019/06/18/rep-maxine-waters-facebook-should-stop-work-on-libra-cryptocurrency.html
Facebook is planning to launch its own cryptocurrency backed by a basket of currencies and other low volatility assets. They have major some corporate backers including:
They are trying to reach the billions of unbanked people in the world. and it definitely lends legitimacy to crypto.
But Josh Hawley has it out for Facebook for some reason and so does Maxine Waters. Both are wrong
https://finance.yahoo.com/news/republican-senator-facebook-is-expanding-their-monopoly-with-libra-203038734.html
https://www.cnbc.com/2019/06/18/rep-maxine-waters-facebook-should-stop-work-on-libra-cryptocurrency.html