BFM Podcast

Facebook Unveils Libra, Its Digital Currency

Tan KW
Publish date: Wed, 19 Jun 2019, 03:40 PM
Tan KW
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Richard Bradbury | Audrey Raj | Jeff Sandhu

19-Jun-19 12:30

Facebook Unveils Libra, Its Digital Currency

Facebook and 27 partners has released a whitepaper for a new type of cryptocurrency called Libra. The new type of digital money is designed for the billions of people already using its apps and social network to shop and send money - on apps like Messenger and Instragram, as well as other merchants like Uber, Spotify and MasterCard. So, will it work?

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