Facebook plans to launch their cryptocurrency Facebook Libra, but there is no specified strategy. The main problem for Facebook is regulation of the digital currency by U.S. government. At this stage, there is no strategy set in stone for the markets or the product, or how it will actually get rolled out in June. After first Facebook analyses they can reach almost 2,4 billion users in the world. Libra won’t have impact on the global financial landscape.
Facebook says that it is too early to reveal their strategy, but on the other side there is still problem with regulator which hasn’t allowed libra what can be real reason for strategy problem.
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