Beijing is preparing to launch its own cryptocurrency, a move that could potentially lead to greater state control.
Facebook Libra
Latest in Facebook Libra
banking and finance
Video: 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 as expected
crypto assets
Video: Facebook’s Libra coin – how is it going to work?
Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or spend money as easily as firing off text messages.
