Libra is facing a different situation in China, Libra is competing Alipay, WeChat for the first position as the most popular search term in China. The Chinese don’t seem to have any problem with Facebook’s crypto project: Libra. In fact, the Chinese seem to be more welcoming to Libra than the US. The US has been placing sanctions on the Libra since the idea of the media giant Facebook to launch its stablecoin has been proposed. What would it take for Facebook to clear its name and be done with the hearings? The debacle of privacy concerns and cybersecurity have
