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This week in 2020, Facebook unveiled a new cryptocurrency, Libra, backed by Visa, Mastercard, PayPal, Uber, Coinbase, and other big tech companies.

Despite the hype, it shut down in 2022 due to internal conflicts and regulatory pushback.

#CryptoHistory

A promising start but a disappointing end for Libra. Regulatory challenges and internal conflicts proved too much to overcome. A cautionary tale in the world of cryptocurrency.

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A promising start but a disappointing end for Libra. Regulatory challenges and internal conflicts proved too much to overcome. A cautionary tale in the world of cryptocurrency. 