Libra: Facebook Partners With 27 Companies To Launch Global Cryptocurrency

Facebook is making a massive power grab to dominate the global payments system and expects to have over 100 founding members in the consortium before Libra is launched in 2020. Members already include Visa, Mastercard, Stripe and Paypal. It will be hard for any regulatory body to override such powerful financial organization. ⁃ TN EditorFacebook is launching cryptocurrency next year that will allow people to move money from their smartphone into a digital “wallet”.
The currency