Facebook unveiled its crypto currency Libra with plans for wider retail use. Photo: VCG
Facebook threw a bombshell into global virtual currency and financial markets just over a week ago by unveiling its plan to introduce a new cryptocurrency called Libra. It immediately stirred debates over the currency’s technology, use and supervision.
It would start with a huge platform but will face regulatory doubts and management questions.
Read Caixin’s in-depth report on how this could affect the financial world and Facebook’s 2.7 billion users.
Contact reporter Tanner Brown (firstname.lastname@example.org)