Too Long; Didn't Read
Facebook announced the launch of the Libra, a digital currency that could be the biggest social network in the world. Facebook and cryptocurrency are banned in China. China’s government has been trying from all fronts to quash the cryptocurrency market in recent years in order “to prevent financial risks,” according to the South China Morning Post. President Donald Trump added to Libra's discomfort by saying that cryptocurrencies are “not money” and “based on thin air”