View full page at cryptocraft.com

 

Libra's future could be threatened before it even gets off the ground

From cnn.com

Facebook's original target launch date for the Libra cryptocurrency is still months away, but hurdles are mounting for the project as it tries to get off the ground. With Libra, developed by Facebook (FB), the goal is to create a universal currency and payments system that users can access from their smartphones. Shortly after its announcement in June, however, lawmakers around the world raised concerns about its implications for financial markets, cyber crime and consumer privacy, and those objections have only gotten louder. Questions about whether Libra can stand up to regulatory scrutiny appear to be coming from ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis