Facebook plans to enter the cryptocurrency market in early 2020.
This week, Facebook announced its plans to enter the cryptocurrency and digital payments market. Libra, the company’s new digital currency, will initially be used for global money transfers. Facebook plans to launch Libra in early 2020.
This announcement was embraced by most analysts who are excited about the potential for Facebook’s newest venture. The company’s stock has risen and fallen several times since the announcement.
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