Though the new cryptocurrency might only see limited success as a substitute for traditional credit card transactions, it could have a lot of potential in other financial domains.
After 2018's brutal 'crypto winter,' bitcoin has been on a tear in 2019.
The House Financial Services chair told CNBC that Congress will move aggressively to examine the ramifications of Facebook's planned cryptocurrency.
Facebook's new virtual currency doesn't address some of the biggest obstacles to cryptocurrencies, and it isn't a panacea for the 'unbanked,' either.
Facebook just released its white paper for its highly-anticipated cryptocurrency Libra. Could it topple incumbent, flagship cryptocurrency, bitcoin?
Facebook FB is entering the crypto-space with the roll-out of its latest venture, 'Libra' later this week.
Facebook is Real Money's Stock of the Day. The social media giant is expected to release a white paper on their cryptocurrency tomorrow. Real Money Reporter Kevin Curran breaks down what investors need to know.