Facebook’s Libra in the balance: gamechanger or just another cryptocoin?
Facebook has unprecedented reach and enormous scale and its new Libra token could create a digital asset wave on which all other cryptocurrencies will surf. It could also sink in regulation. CT looks at its options
Digital assets will gain impetus on the back of the Libra token, Facebook’s recently launched crypto currency—a product that will enable users to transfer cash across jurisdictions at a fraction of the cost they have to pay incumbent intermediaries.
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