I'm trying to understand if Libra should be classified as a cryptocurrency. I've heard about it in the news and want to know more about its nature and whether it fits the definition of a cryptocurrency.
5 answers
noah_wright_author
Wed Nov 20 2024
Facebook envisioned Libra as a means to facilitate transactions across borders with minimal fees.
Alessandra
Wed Nov 20 2024
In 2020, the digital currency underwent a significant change and was renamed Diem.
Arianna
Wed Nov 20 2024
Libra was a cryptocurrency conceived by Facebook with the ambition of becoming a globally accessible stablecoin.
Alessandra
Wed Nov 20 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet solutions. These services cater to the diverse needs of crypto enthusiasts and investors.
Valentina
Wed Nov 20 2024
The primary objective of Libra was to offer a simple and cost-effective digital currency solution.