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CEO of Facebook, Mark Zuckerberg has proposed to launch Libra in 2020. As a means of money transfer among facebook & WhatsApp users at an extremely low cost or even without costs at all. Initially, it looks like a very good idea, as there will be no boundaries and no paperwork need to transfer money all around the globe though certain concerns were raised regarding security and privacy issues.
Several regulatory agencies have been working on the investigation of the digital currency. As reported by Australian news sources they are very concerned with the risks and threats. Moreover, It might bring in Australia’s financial market. Moreover, Several agencies have already started the investigation process.
Read here: https://coinpedia.org/news/facebooks-digital-currency-libra/
How longer do Facebook page supports Taxi Businesses?
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Telx, a Crypto-telecommunications company, has launched the first crypto SIM card wallet that will facilitate transactions via SMS to any phone number.
Even more impressive, you will not need an active Internet connection or smartphone to conduct these kinds of transactions, and the user’s crypto wallet will not be controlled.
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The world’s largest cryptocurrency exchange Binance is planning to launch “Venus,” calling it an “independent regional version of Libra.”
Venus is an open blockchain project to develop “localized” stablecoins and digital assets pegged to fiat currencies.
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