• SENSEX
    NIFTY 50
Business

Facebook's currency Libra faces financial, privacy pushback

Updated : June 19, 2019 10:17 AM IST

Facebook unveiled its much-rumoured currency Tuesday and said it will launch publicly early next year with such partners as Uber, Visa, Mastercard and PayPal.
Libra could open online purchasing to millions of people who do not have access to bank accounts and could reduce the cost of sending money across borders.
Facebook already faces scrutiny over its poor record on privacy and its dominance in social media, messaging and related businesses.
Facebook's currency Libra faces financial, privacy pushback
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV