Facebook unveils plan for new cryptocurrency in 2020

( Xinhua ) 10:44, June 19, 2019
SAN FRANCISCO, June 18 (Xinhua) — Facebook Inc. on Tuesday announced a plan to launch a new global digital currency Libra to tap into digital payments that will debut in 2020.
Facebook said it is creating a new subsidiary called Calibra to provide financial services based on Libra powered by blockchain technology to allow customers to do transactions «with the push of a button.»
The digital wallet will be available in Facebook’s Messenger, WhatsApp and standalone app, through which users can save, send and spend Libra in financial services at little or no