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Facebook Wants New Cryptocurrency to Rival the Dollar

August 5, 2023
in AI & Technology
Reading Time: 1 min read
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Jun.18 — Facebook unveiled plans for a new cryptocurrency called Libra, which will launch as soon as next year. It will be a digital currency that’s supported by established government-backed currencies and securities. Bloomberg’s Joe Weisenthal spoke with Facebook’s Head of Calibra to discuss the new venture.

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