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Tag Archives: FinTech News

Facebook Libra’s USD-EUR-GBP-JPY-SGD Crypto Basket May Reject China’s Yuan

Facebook's fiat-pegged 'cryptocurrency', the Libra, may reportedly avoid including China's Yuan among its list of supported state currencies. | Source: ShutterstockThe basket of fiat currencies in the line up to back Facebook's Libra "cryptocurrency" may not include the Chinese Yuan.According to Bloomberg, the likely backers include the US Dollar, the Euro, the British pound, The Japanese Yen, and the Singapore dollar.Facebook offered up this potential list after Virginia Democratic Senator,...

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