RATE Group | Facebook’s Calibra cryptocurrency wallet already has competition
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Facebook’s Calibra cryptocurrency wallet already has competition

18 Aug Facebook’s Calibra cryptocurrency wallet already has competition

Posted at 13:16h in Cryptocurrency News by

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Facebook Libra Virtual Currency

Facebook plans to launch a new cryptocurrency called Libra in the first half of 2020. 


Thomas Trutschel/Getty Images

Facebook doesn’t plan to launch its new Libra cryptocurrency and a complementary digital wallet until 2020. But that hasn’t stopped some startups from throwing their hats in the ring early. 

On Sunday, Israeli developer ZenGo said a cryptocurrency wallet it rolled out earlier this year will begin supporting Libra. Since Facebook and its 27 partners haven’t launched the cryptocurrency, ZenGo is letting users store a test version. The test Libra funds, unlike the version that’s coming, don’t have any real monetary value.

libra

ZenGo is letting users experiment with a test version of a new cryptocurrency, called Libra, that’s expected to launch in 2020. 


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