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2019-09-10 14:52:34

Singapore dollar in Libra currency basket sparks fresh debate

Facebook is keen to add as many fiat currencies to Libra project and the latest currency addition is the Singapore dollar in Libra basket. Facebook Libra coin is embroiled in much controversial news these days. The latest being what fiat currencies will provide support to Libra. Just this Monday, a letter was written by Facebook and addressed to U.S. senators in which the company expressed concerns about the possible influence of the Chinese government on Libra. Earlier, Sen. Mark Warner (D-Va.) had written to Facebook asking them to refrain from including Chinese Yuan in the list of assets that back