FACEBOOK'S PROPOSED launch of a new cryptocurrency, Libra, has certainly stirred up some interest. The initiative is backed by a 28-strong consortium, the Libra Association, based in Switzerland. Facebook subsidiary Calibra has a leading role, and other key participants that have been announced include Visa, MasterCard, PayPal, Lyft, Uber, Vodafone Group and many others across blockchain, telecommunications, payments and venture capital firms, as well as non-profits.
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