You are using an older browser version. Please use a supported version for the best MSN experience.

Facebook Says Its New Cryptocurrency Will Be Better Than Bitcoin

Jun.18 -- Facebook Inc. unveiled plans for a new cryptocurrency that the social-media giant hopes will one day trade on a global scale much like the U.S. dollar. Called Libra, the new currency will launch as soon as next year and be what's known as a stablecoin -- a digital currency that's supported by established government-backed currencies and securities. Alastair Marsh reports on "Bloomberg Surveillance."

UP NEXT

UP NEXT

Recent Videos

Featured Partners

image beaconimage beaconimage beacon