The Daily Hodl
2020-04-17 03:40:52

Facebook Revamps Crypto Plans in Embattled Bid to Launch Global Currency

The Libra Association is backing down in a dramatic reversal of its original plans to launch a single global digital currency. Now there will be multiple versions of Libra. Spearheaded by Facebook, Libra was unveiled last June and marketed as a single stablecoin that would be backed by a basket of fiat currencies. Its promise […]The post Facebook Revamps Crypto Plans in Embattled Bid to Launch Global Currency appeared first on The Daily Hodl.

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