TLDR
Facebook has announced the launch of a cryptocurrency called Libra. The social network is taking a chunk of its resources and technical know-how to establish a coin, Libra, to establish the network. Many have expressed skepticism about the potential impact of the social network on the crypto market. Facebook’s involvement in the project has come under unprecedented scrutiny. It is probable that issues relating to political manipulation, fake accounts, and privacy will come to an end since it has to conform with strict Anti Money Laundering and Know Your Customer (KYC) policies.via the TL;DR App
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Written by Kogan | Dad, truth seeker, sociologist, partner in a fund, smart securities & blockchain enthusiast
