Quote from: bittick on July 30, 2019, 02:01:07 PM

Quote from: MOProgress on July 30, 2019, 01:52:15 PM

This news is getting me thinking if facebook will really survive the regulatory heat.

Now officially saying it may not launch.

https://www.cryptoinformers.info/news/226-libra-stablecoin-may-not-launch-facebook-warns-investors

Just wondering, Did Facebook Just Gave-Up On Libra Project?

Facebook gives a warning to the investors and according to the article and the percentage of libra will be launched or not is 50:50. The launch of libra will depend on the decision that will have taken by US. that will be so sad to see US still control anything.
Facebook didn't yet to decide if the team will give up but i think facebook gives the possibility it may become failed.

But why will Libra launch be decided by the US? Everyother cryptocurrency projects launches on their own without any government deciding on the launch. The Libra project can pass the regulatory, I agrre but I want to understand why it depends on the US decision.