Facebook Cryptocurrency: Calibra’s Privacy Implications22

Despite a series of privacy stumbles, Facebook is forging ahead with plans to debut a new cryptocurrency called Libra. To bring the idea to fruition next year, the social network has created a new subsidiary called Calibra that will offer digital wallets designed to hold, send, and receive the virtual coins.

But just how well will Libra, and Facebook’s Calibra, protect people’s privacy? And should consumers be worried about using the new services?

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