Even with a fierce regulatory battle ahead, Libra is a watershed moment for the future of finance. Already backed by 27 influential businesses from payment providers, tech brands, crypto custodians and VC funds, with a pre-existing audience of 2.38 billion Facebook users to tap into and a planned US$1 billion fund to kickstart itthe scale of the project is unprecedented.
Facebook’s much-hyped digital currency was officially unveiled one month ago, and it is...
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