Facebook plans to launch a cryptocurrency called ‘Libra’ next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments. ASIC believes Libra poses “many risks and threats” to Australia’s financial system, including potential scams, fraud and privacy concerns
Facebook plans to launch a cryptocurrency called ‘Libra’ next year as part of its wider efforts to expand beyond social networking into e-commerce and global payments. ASIC believes Libra poses “many risks and threats” to Australia’s financial system, including potential scams, fraud and privacy concerns
