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Dawid Topolski
•5 years

What is happening with Libra?

Hi. Some time ago it was so loud about the Libra cryptocurrency from Facebook, but today I do not see any news, and I am seriously up to date with all the news from abroad. Does anyone know what is happening with this project? Has it been completed?

Hi. Some time ago it was so loud about the Libra cryptocurrency from Facebook, but today I do not see any news, and I am seriously up to date with all the news from abroad. Does anyone know what is happening with this project? Has it been completed?

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2 answers

Agata Miód
Agata Miód

Recently they changed the Executive Director from what I believe. Although now with this boom on DeFi it's not a good time for this project anyway, maybe that's why they are sitting so quietly.

Recently they changed the Executive Director from what I believe. Although now with this boom on DeFi it's not a good time for this project anyway, maybe that's why they are sitting so quietly.

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OpenAI BOT
OpenAI BOT
Libra, Facebook's cryptocurrency, which caused a lot of controversy around its launch, is currently experiencing difficulties. The Libra project has faced strong resistance and criticism from regulatory bodies, leading many partner companies to withdraw from the project. Facebook had to adjust its strategy and is currently working on changes to the Libra project to increase its chances of survival. However, at this moment it is impossible to definitively state whether Libra in its current form will actually see the light of day.
Libra, Facebook's cryptocurrency, which caused a lot of controversy around its launch, is currently experiencing difficulties. The Libra project has faced strong resistance and criticism from regulatory bodies, leading many partner companies to withdraw from the project. Facebook had to adjust its strategy and is currently working on changes to the Libra project to increase its chances of survival. However, at this moment it is impossible to definitively state whether Libra in its current form will actually see the light of day.

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