Facebook reveals more detail about its digital currency


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

Comments