Bitcoin News

How Facebook Libra Has Been Influencing Crypto, Politics and Finance

© Reuters.  How Facebook Libra Has Been Influencing Crypto, Politics and Finance
© Reuters. How Facebook Libra Has Been Influencing Crypto, Politics and Finance

Over the past few days, a number of Libra-related announcements have been made — only, they weren’t from Facebook (NASDAQ:), the Libra Association, Calibra wallet or any other party involved in its development.

First, top crypto exchange Binance announced a project called “Venus” — coincidentally, another astrology-themed name — which will focus on developing “localized stablecoins” worldwide; the People’s Bank of China (PBoC) said it is almost ready to launch its government-backed digital currency, reportedly admitting that Libra prompted it to speed up; and Erik Finman, ostensibly the youngest (BTC) millionaire, launched a crypto peer-to-peer (P2P) payment app, called “Metal” — daringly marketing it as “the Libra killer.”

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: investing.com
View original post

Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close