What a protracted and winding two and half years it’s been for Libra, the digital foreign money mission spawned by Fb.
For a lot of that point, all that was recognized concerning the social community’s ambitions for the cryptocurrency area was rumor and conjecture. The total scope of the mission, unveiled in June 2019, exceeded most of this hypothesis – together with the revelation that Fb aimed to decentralize management of its creation, beginning by handing it over to a governing council. However the Libra Affiliation’s actions since have principally been to reduce its hopes and attempt to deal with a largely hostile response to the mission among the many world’s governments.
Fintech Zoom has been chronicling this saga each step of the best way. What follows is an in depth timeline of the Libra mission’s historical past, from the early indicators that Mark Zuckerberg’s social community was sniffing across the blockchain business to Libra’s current watering-down of its once-bold plans. Bookmark this text, as a result of we’ll preserve updating it because the story continues to unfold.
Comply with all of Fintech Zoom’s protection of the Libra mission right here.