Facebook’s Libra Coin Is Both ‘Vampire Project’ and Regulatory Nightmare

Facebook says it will work with regulators in order to get Libra off the ground. Everyone has their doubts about this launch.

Jun 20, 2019 · 5 min read

Mark Zuckerberg, chief executive officer and founder of Facebook, wants to launch a cryptocurrency. Already, almost nobody but Facebook likes it. Photo: Bertrand Guay/AFP/Getty Images

Mark Zuckerberg, chief executive officer and founder of Facebook, wants to launch a cryptocurrency. Already, almost nobody but Facebook likes it. Photo: Bertrand Guay/AFP/Getty Images

By Kenneth Rapoza

Mark Zuckerberg and friends are going to save the world. They are going to bring a form of…

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