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Here is what you need to know about how Libra, Facebook's new cryptocurrency, will work

Updated : June 18, 2019 05:38 PM IST

Facebook is hoping to keep the libra's value stable by tying it closely to established currencies.
Cryptocurrencies exist not as physical bills or coins but rather as lines of digitally signed computer code.
Libra is backed by several traditional financial companies, including PayPal, Visa and Mastercard.
Here is what you need to know about how Libra, Facebook's new cryptocurrency, will work
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