What is Libra? All you need to know about Facebook's new cryptocurrency
by Kari Paul in San Francisco from Technology | The Guardian on (#4HDCX)
Facebook claims it wants to reach people without access to a bank account, and that Libra is the best way
On Tuesday, Facebook announced a digital currency called Libra that will roll out for use in 2020 and allow the platform's billions of users across the globe to make financial transactions online.
The new technology threatens to change the landscape of banking and is already the subject of scrutiny, as Facebook faces increasing calls for regulation and antitrust measures.
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