Facebook announces Libra cryptocurrency with a massive list of partners

Facebook’s cryptocurrency, and the company's long-rumored, vast ambitions in the crypto space, are real. 

On Tuesday, the company announced Libra, a decentralized cryptocurrency that will allow users of Facebook and WhatsApp to easily send each other money and make online purchases. 

The news, however, is far bigger than that, transcending Facebook itself in several aspects. Read what it all means in our deep dive, here. 

Libra isn’t just Facebook’s project. It’s backed by the Geneva, Switzerland-based Libra Association, a non-profit organization with a long list of founding members who will jointly make decisions over Libra. Besides Facebook, the list includes Mastercard, Visa, PayPal, Stripe, eBay, Uber, Lyft, Spotify, Coinbase, Xapo, Andreessen Horowitz, Union Square Ventures, Mercy Corps, and Women's World Banking, among others. Read more...