Asian digital currency to rival Facebook’s Libra

[Salman Hasan]

Previously, some pundits saw Libra as an opportunity to overtake China in the digital currency competition. They warned that if regulators do not approve of this Facebook project, the digital yuan will become a de facto global cryptocurrency in emerging economies.

[IyemRoker]

Take a look at the cryptocurrency market and now there are many finances circulating that can compete with LIBRA.
Even in various countries, they have now created stable coins easily and simply according to the rules of their own countries and this is definitely a warning to LIBRA which until now has not been launched for the coins. LOL

[Bobcrypto]

The delay in libra launch may affect it's adoption since there are now many competitors in the stablecoins cryptocurrency ecosystem. I think facebook libra project has taken too long in resolving it lingering challenge since 2018. A continuous delay is not good for the growth and a further development of the libra project in my opinion.

[Fenix]

The delay in libra launch may affect it's adoption since there are now many competitors in the stablecoins cryptocurrency ecosystem. I think facebook libra project has taken too long in resolving it lingering challenge since 2018. A continuous delay is not good for the growth and a further development of the libra project in my opinion.

The Libra stablecoin may not be launched for another, most unexpected reason.  The Chinese government is now preparing legal documents for the circulation of its digitized yuan.  They declare the digital yuan to be the property of China and prohibit anyone from using it to support the existence of other stablecoins.  It can also be used by other states and then private and various commercial stablecoins will be outlawed.  Only the digitized currencies of the central banks of the states will remain.

[Muneeb22]

This time this is not conform that Libra coin is going to be launched or not becasue the U.S Government not allow them to launched their coin and so many investors will leave this project. If the coin is launched the facebook users will buy this definitely.

[helojelly]

good news but what about the continuation of this project? is it still running?