Facebook's Libra cryptocurrency is official, Calibra wallet app coming 2020
Rumors about a Facebook cryptocurrency and now it's official. It's called Libra and its lofty mission is similar to that of other digital currencies that have come before it, to "reinvent money" and "transform the global economy." At the same time, Facebook is sharing the wider plans for Calibra, a newly-formed subsidiary in charge of blockchain and financial services products going forward.
Calibra's first order of business is a digital wallet product that will exist as a standalone app as well as within Facebook Messenger and WhatsApp, due for launch in 2020.
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