Tag Archives: Facebook takes on the world of cryptocurrency with ‘Libra’ coin

SAN FRANCISCO: Facebook unveiled plans Tuesday for a new global cryptocurrency called Libra, pledging to deliver a stable virtual money that lives on smartphones and could bring over a billion “unbanked” people into the financial system. The Libra coin plan, backed by financial and nonprofit partners, represents an ambitious new initiative for the world´s biggest social network with the potential …

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