June 18, 2019 BY Valentina Kirilova

Facebook to take on banks, not Bitcoin

Facebook has announced the launch of its Calibra wallet that is backed by the Libra Association, an independent consortium with members such as Visa, Mastercard, Stripe and Coinbase. The association will independently govern and oversee Calibra's bespoke cryptocurrency, Libra—with the digital coin imagined to further a global financial system, this historically marks the social media…

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