Facebook Unveils Its Much Awaited Cryptocurrency, Libra, Public Launch Expected In Early 2020

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After months of speculations and rumors, Facebook has finally unveiled its cryptocurrency Libra and its blockchain network Libra Foundation. Libra is a stablecoin backed by like bank deposits and government securities. The digital asset will be publicly launched in the first half of 2020. The reserves backing the stablecoin will be held by a custodian …

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