Ambitious Facebook Libra cryptocurrency faces both regulatory and partner doubt

Published: June 28, 2019 | by Bitcoin Press News Team

Facebook announced 27 partners for Libra but some of them have doubts in the project.

Libra is facing regulatory pressure from both the United States and Europe.

Facebook recently announced cryptocurrency with the name Libra continues to stir discussions especially among regulators. The social media giant announced that 27 partners had already signed for its highly publicized crypto. However, according to a New York Times post, some of these partners are in doubt regarding the project.The fact that Facebook had partnered with leading companies like Visa, MasterCard and Uber, it made Libra easily acceptable to mainstream. The […]