Quote from: magnum cyber on Today at 06:52:55 PM

Quote from: wanted sliter on October 08, 2020, 01:17:01 PM

Libra has been discussed a lot in the past but I don't expect it to launch anytime soon as there are a lot of legal hurdles to them right now.
Facebook is based in the US and the United States has only one central bank that can issue money. I think Facebook won't be able to do that without the amendment of the law.

yes I think it is like that too, that Facebook still has many obstacles in launching their own coins, in fact from 2019 - 2020 there have been no new developments from their project. because this is still against the law in that country, especially the US. crypto has not been well received by the AS country.

There’s no news about Libra and they should make at least the announcement if they want to push this through. As far as I know, Libra is not US based but since Facebook is her mother company, the pressure is high because of the US government. I don’t know if its possible to operate outside the US so Libra can at least start their own currency and limits the usage to the US citizen.