BBCNEWS Business Briefing July 14, 2024
Facebooks hugely ambitious plan to create its own Global Crypto currency has been under growing scrutiny since it was unveiled last month, and in a few hours time, the man in charge of the project will face a grilling from us lawmakers about what the company says is the future of money. Facebook says it wont go ahead with the launch of its libra crypto currency until regulatory concerns are addressed. The Digital Currency is particularly aimed at the estimated 1. 7 billion adults that the world bank claims dont have a bank account. China and india are top of the list. In a bid to convince peop...