Facebook Cancels Calibra Launch in India, Thanks to Govt's Crypto Loathing

2019-7-10 16:23

Days after an Indian government official expressed discomfort with Facebook’s cryptocurrency plans, the social media giant has indicated that it has ‘no plans to offer’ Libra, or its digital wallet Calibra, in its largest market.

According to the Economic Times, a Facebook spokesperson cited India’s harsh anti-cryptocurrency stance as its reason to stay away from […]

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