Facebook to launch Libra Blockchain testnet next week, backed by Libra Reserve - The Block

Facebook’s a lot-expected cryptocurrency challenge, greater than a 12 months within the making, shall be unveiled early next week. Facebook and the handfuls of companions who The Block known previous lately will introduce the Libra Association, based totally in Geneva, which can oversee Libra, “a simple global currency and financial infrastructure” supposed to achieve billions of other folks.  According …
Facebook’s much-anticipated cryptocurrency project, more than a year in the making, will be unveiled early next week. Facebook and the dozens of partners who The Block identified earlier today will introduce the Libra Association, based in Geneva, which will oversee Libra, “a simple global currency and financial infrastructure” meant to reach billions of people.  According …Original article
Author: FintechFrank

The latest Tweets from Frank Chaparro (@fintechfrank). Senior Correspondent at @TheBlock__; a convivial gentleman; formerly @wfuv, @nasdaq, @businessinsider. Bronx, NY

FintechFrank has recently written 2 articles on similar topics including :
  1. "Facebook has been quietly building out its cryptocurrency for over a year, and it looks like that time has been well spent, enlisting the support of some of the most prominent companies across payments, retail, and technology". (June 14, 2019)
  2. "Outside of anonymously-sourced reports in financial-media, very little concrete information is out there about Facebook’s secretive cryptocurrency project". (May 3, 2019)
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