Midtown Tribune News Logo

Why Facebook’s Libra Cryptocurrency Is In Trouble

When Facebook first announced it was getting into the crypto business—with a basically unregulated currency called Libra—the reaction from Wall Street and government bankers was about as expected. Fast-foward a few months, and Libra is in trouble. The social media giant had lined up a long list of corporate backers for the initiative, including major players in the payments space. And in October 2019, several prominent backers began to back out. Here’s how Facebook’s crypto future got into serious trouble.
CNBC News Video.

____________________

new York USA ECO BUSINESS EcoTechN.com

______________

NEW YORK MIDTOWN TRIBUNE NEWS POLITICS 

BUSINESS SOCIETY CRIME CULTURE USA

October 2019
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031  

#RyanHendrickson #TipOfTheSpear #StandWithUkraine #GenePanasenko Adams ai amendment APEC Benny Johnson Biden Black business China Congress Constitution controll Cotton Court Crime CRIMINAL cultural Immigration Interview Israel jewish Jinping JUSTICE march Marxism Money news New York NY NYC Obama President Putin Russian Trade Show trump Ukraine US usa War War in Ukraine Washington White House Xi


Posted

in

, , ,

by

Tags: