Fbsetup
Facebook plans to release Libra crypt currency in January 2021.Such triangles are traded on the fact of breakout.
Of course, the news is interesting:
Libra will still be
FT: Facebook plans to release Libra crypt currency in January 2021.
Initially, Libra association will launch only the crypt currency to the dollar.
Facebook may release Libra crypto currency in January 2021, writes. Financial Times with reference to the three people involved in the initiative. The currency will be in an even more limited format than originally planned.
Libra Association, which in addition to the social network includes Lyft, Spotify, Uber and others, will launch only the cryptovalue linked to the dollar, told the publication one of the sources. According to him, Libra, tied to the euro and other currencies, as well as multicurrency token will be launched later.
The exact launch date of Libra will depend on when the project receives approval from Finma, Switzerland, but it can happen in January, three people said. The company filed the application in May, Finma does not comment on it.
The Novi crypto wallet is already "ready in terms of product", but will not initially serve all regions as the company wants to focus on large money transfer channels, one source told FT. According to him, Novi needs its own license in every state of the United States - he has ten more to get.
Libra and Novi refused to comment on the publication.
- The launch of the Libra crypt currency and wallet for its use social network reported in June 2019. The company became partners of 27 organizations, including large payment systems.
- The company planned to release the currency in 2020, but faced criticism from regulators: those were afraid that Libra could affect the exchange rate of the dollar or euro, as well as promote money laundering and financing terrorism.
- In October 2019, the project left PayPal, while Visa, Mastercard, eBay and several other companies refused to cooperate.
- In April 2020, the social network decided to review the project and offer users currencies produced by central banks, such as the dollar and the euro. In May, the company created an independent "daughter" for the development of the crypto pocket to show that Libra does not belong to the social network, and Facebook is only part of the association with others.
long FB @ 15 min @ trading capability for this 52nd week `16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron