Facebook’s Libra Photo by Alex Haney on Unsplash On 18 June 2019, Facebook, the world’s largest social network, announced a cryptocurrency called Libra which would be a stablecoin backed by a basket of currencies weighted towards the U.S. dollar. Libra will be managed by a the Libra Association, a Swiss-based nonprofit backed by Facebook and other founding members. Facebook’s subsidiary Calibra will oversee the … Continue reading Facebook’s Libra vs China’s Digital Yuan →