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Facebook's Libra Cryptocurrency May Revolutionize E-Commerce

E-Commerce Times Tuesday, 9 July 2019
Facebook's Libra Cryptocurrency May Revolutionize E-CommerceFacebook has released details about Libra, its long-rumored cryptocurrency. The company outlined plans "for a new decentralized blockchain, a low-volatility cryptocurrency, and a smart contract platform that together aim to create a new opportunity for responsible financial services innovation." The aim is to help people worldwide gain access to a cheaper, more connected global financial system.
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News video: Facebook's Libra Faces Regulatory Headwinds

Facebook's Libra Faces Regulatory Headwinds 00:57

Facebook is Real Money's Stock of the Day. The social media giant has come under pressure from politicians on both sides of the aisle regarding their Libra cryptocurrency. President Trump tweeted yesterday, "If Facebook and other companies want to become a bank, they must seek a new Banking Charter...

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