July 26, 2019

China Can Crush Facebook’s Libra With Its Digital Currency: Huawei CEO

The founder and CEO of Chinese telecommunications giant Huawei, Ren Zhengfei, has dismissed concerns that Facebook’s planned cryptocurrency Libra could dominate the world at the expense of China and its tech firms, Sina reports. Noting that countries have more power compared to internet firms, Zhengfei stated that China could issue its own digital currency that...
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