SYDNEY and KUALA LUMPUR, Jul 16 (IPS) – On 17 June, a Facebook white paper proposed a new global digital currency it plans to launch in the first half of 2020. The Libra will be managed by a ‘not for profit’ Swiss-based Facebook-led consortium of ‘for profit corporations’, with Uber, eBay, Lyft, Mastercard and PayPal among its founding members.
Read the full story, “Facebook and Friends Threaten to Libralize the World”, on globalissues.org →
Source: Facebook and Friends Threaten to Libralize the World
