Facebook to launch Libra cryptocurrency in 2020

Facebook just announced its plans to launch Libra, a new global currency powered by blockchain technology in 2020. It will be available as a standalone app and also support payments in Messenger and WhatsApp. Facebook subsidiary Calibra digital wallet will let you send Libra to others using an app instantly. It will eventually introduce several services such as paying bills instantly, scan a code to buy things and use it to pay for local public transit.

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