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Facebook's Cryptocurrency To Be Revealed Next Week

3 monthes ago   |   By CG Magazine

CGMagazine
Liam Ferguson
Facebook's new cryptocurrency, reportedly called Libra, has been reported to be revealed next week with many big-name backers.
Over a dozen companies are backing Libra's launch, according to The Wall Street Journal. These range from major banking companies like Visa and Mastercard to popular online services like PayPal and Uber. Each will invest around $10 million USD to fund development of the currency, and will become part of the Libra Association, an independent group that will govern the digital currency separate from Facebook. This is good for users wary of...
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