In a big reversal, Libra reportedly could peg its cryptocurrencies to national currencies

In a big reversal, Libra reportedly could peg its cryptocurrencies to national currencies

Jonathan Shieber - TechCrunch10/20/2019, 4:19:06 PM

Facebook is willing to reverse course on its plans to tie its digital currency project to a synthetic currency tied to a basket of global currencies. Reuters is reporting that Facebook’s head of the Libra project, David Marcus, told a group of bankers that t… [+2343 chars]