Facebook says its new cryptocurrency will be better than Bitcoin
By Bloomberg
20 June 2019 |
10:21 am
Facebook Inc. unveiled plans for a new cryptocurrency that the social-media giant hopes will one day trade on a global scale much like the U.S. dollar. Called Libra, the new currency will launch as soon as next year and be what's known as a stablecoin -- a digital currency that's supported by established government-backed currencies and securities.
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