In this video, we take a look at the news that shook the crypto world: the announcement of Facebook’s Libra project.
It was a surprise to many in the cryptocurrency world that Facebook was entering the space with such a bold move. The project was met with both praise and criticism from the crypto community, with many pointing out the potential for the project to disrupt the existing financial system.
The project has also been met with skepticism from governments and regulators around the world, who are wary of the potential for the project to be used for money laundering and other illicit activities.
At the same time, some have argued that the project could be a game-changer for cryptocurrency adoption, as it would bring crypto to a wider audience and could potentially create a new global financial system.
Only time will tell what the impact of the Libra project will be, but it’s clear that it has already had an impact on the crypto world.
