Also covered are a debit card launch in Latam, a new addition to Hyperledger, and Sotheby’s goes private.
Fintech
1. Facebook announces Libra, a fiat-backed cryptocurrency
Facebook has announced details of Libra, its cryptocurrency. The site and whitepaper launched on Tuesday and a governing body of an initial 28 consortium members was also revealed, including a range of top venture investors (such as a16z, Thrive, and USV) and corporates (such as Mastercard, Visa, and Spotify). Facebook has also created a subsidiary called Calibra, which will offer digital wallets to use Libras and could go live in early 2020.
