Is Facebook’s Libra Cryptocurrency Going to Work | Troubled Waters
Welcome to this blockchain and cryptocurrency video by CNBC. In this video, you will get a little update on the cryptocurrency market and hear about - Is Facebook’s Libra Cryptocurrency Going to Work | Troubled Waters.
"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 about as expected. Fast-foward a few months, and Libra is in trouble. The social media giant had lined up a long list of corporate backers for the initiative, including major players in the payments space. And in October 2019, several prominent backers began to back out. Here’s how Facebook’s crypto future got into serious trouble." - CNBC