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Libra: All You Need to Know About Facebook’s Cryptocurrency

How is Libra going to be different from its predecessors? How will it work? Tune in to this podcast for more!

Shorbori Purkayastha
Podcast
Published:
Facebook’s cryptocurrency, Libra, will be launched in 2020. 
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Facebook’s cryptocurrency, Libra, will be launched in 2020. 
(Photo: The Quint)

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Last year, Facebook dominated the news for all the wrong reasons. Now, it has announced a new cryptocurrency called Libra. Here’s what we know:

It will be launched in 2020 but it will not be a Facebook project. Currently, Facebook is creating a new foundation to support the same along with 28 partners, which include PayPal, Spotify, eBay, Visa, Mastercard, Uber, PayU among others.

How is Libra going to be different from its predecessors? How will it work and who can use it? For all your questions about Libra, tune in to The Big Story!

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