As previously announced, the social media giant Facebook has been working on a digital
currency. The firm has recently revealed more details on this cryptocurrency
called “Libra”. It disclosed that it
will allow people to make payments via its own apps and when using the
messaging service WhatsApp. Moreover, it will be accepted by companies such as Uber
and Visa. It is hoped that the virtual money will be utilised by more
businesses in the future. Facebook advanced that Libra
will be independently-managed and backed by real assets.
Libra
will be accepted by Uber
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