Facebook Unveils Cryptocurrency Libra in Bid to Reshape Finance

SEC fine for cryptocurrency trading company

Facebook Inc. unveiled plans to launch a cryptocurrency in a move that could diversify its business from advertising while expanding into financial services long dominated by Wall Street. The cryptocurrency, called Libra, will be a secure blockchain-based payment system backed by hard assets and designed for ordinary users, making it among the boldest efforts yet… Continue reading Facebook Unveils Cryptocurrency Libra in Bid to Reshape Finance