All news related to the category "Libra (LIBRA)"
India and South Korea expressed a negative opinion regarding Libra stablebcoin. Regulators of the countries assume that coin success and distribution will affect the work of central banks and influence the common economic condition of the countries.
Libra has a chance of becoming the most popular digital asset and bringing cryptocurrency to a new development level. The project promises to spread to over 1.7 million users and organize cooperation with companies for making quick payments with no comission. Some experts suggest that Libra can replace the dollar, due to its large-scale coverage. What is the Zuckerberg project, why does the Facebook social network need its own cryptocurrency, and how will the coin replace banks? We are telling about the most important things. Part I.
With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues.