This year, Facebook announced the launch of their new currency and blockchain platform called Libra, which attracted investors such as Visa, Mastercard, PayPal, Uber, Lyft, and Coinbase. Lawmakers in the United States and European Union have however called for a halt in the rollout of Libra to address possible regulatory issues first. Facebook’s Libra is intriguing as a medium of exchange, according to Hywel George, Director of Investments at Old Mutual Investment Group. But importantly, because it will bring blockchain into the mainstream, he says. (more…)
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