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Libra Coin Review


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One of the most-hyped cryptocurrencies is one that, as of January 2020, has yet to even launch. By mid-2018, rumors circulated that social media giant Facebook, Inc. (FB) was developing its own cryptocurrency. Given Facebook's incredible global reach and the potential for massive volumes of exchange across its platform, the cryptocurrency world had long speculated that the social media titan might launch its own digital token.

Rumors were formally confirmed on June 18, 2019, when Facebook released the white paper for Libra.  The tentative launch date for the token is later in 2020, as Facebook has committed to sorting through regulatory barriers before launch. Libra will be overseen in part by a new Facebook subsidiary, the financial services outfit Calibra.  When Libra does launch, it is sure to garner massive amounts of attention from those within (and outside of) the cryptocurrency sphere.

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