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seems to be wanting to establish it's presence in every sector. The year 2020 will see the launch of a cryptocurrency by the social media giant.
The name of the cryptocurrency will be 'Libra'
. The cryptocurrency will be a standalone payment app and will rely on a blockchain based payment system.
The cryptocurrency will be regulated by a subsidiary known as Calibra
. The company is also setting up steps to ensure user privacy.
It is also claiming that will lot be mixing data with that of its social platform.