The basic idea of Facebook’s ambitious Libra digital currency is attractive, but can the company be trusted with so much information on users? Photo: Reuters The basic idea of Facebook’s ambitious Libra digital currency is attractive, but can the company be trusted with so much information on users? Photo: Reuters
The basic idea of Facebook’s ambitious Libra digital currency is attractive, but can the company be trusted with so much information on users? Photo: Reuters
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Facebook’s Libra faces many hurdles

  • The social media giant’s attempt to set up its own digital currency has raised the eyebrows of regulators, not least in China

The basic idea of Facebook’s ambitious Libra digital currency is attractive, but can the company be trusted with so much information on users? Photo: Reuters The basic idea of Facebook’s ambitious Libra digital currency is attractive, but can the company be trusted with so much information on users? Photo: Reuters
The basic idea of Facebook’s ambitious Libra digital currency is attractive, but can the company be trusted with so much information on users? Photo: Reuters
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SCMP Editorial

SCMP Editorial

Editorials represent the views of the South China Morning Post on the issues of the day.