Facebook Cancels Calibra Launch in India, Thanks to Govt's Crypto Loathing

2019-7-10 16:23

Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market.

According to the Economic Times, a Facebook spokesperson cited India’s harsh anti-cryptocurrency stance as its reason to stay away from […]

The post Facebook Cancels Calibra Launch in India, Thanks to Govt's Crypto Loathing appeared first on CCN Markets

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Facebook’s Secret Cryptocurrency Led by PayPal Alumni Just ‘Months Away’ from India Launch

By CCN: Facebook’s much-hyped cryptocurrency project, dubbed Project Libra, may launch in India within a matter of months, according to a Bloomberg report. The secretive blockchain project, led by a team of PayPal alumni, is expected to launch a stablecoin for sending peer-to-peer payments to friends and family as well as integrating with major e-commerce players.

2019-5-9 12:49