FaKebook has roped in more than a dozen companies including Visa, Mastercard, PayPal and Uber to back its new cryptocurrency, named Libra,

Link to Article

FaKebook has roped in more than a dozen companies including Visa, Mastercard, PayPal and Uber to back its new cryptocurrency, named Libra, The Wall Street Journal reported on Thursday. Each company will invest around $10 million in a consortium that will fund and govern the cryptocurrency, the report said, citing people familiar with the matter. Facebook plans to release a white paper introducing Libra next week before launching it in 2020.

Advertisements
This entry was posted in Uncategorized and tagged , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.