UTC-05:00,Tuesday , July 07th 2020

Libra Will Further Popularize Cryptocurrency But Has No Investment Value, Says ViaBTC CEO

07:16 Tuesday , June 18th 2019
YANG Haibo, CEO of mining pool ViaBTC, opined on Chinese social platform Weibo that there is no need to expect too much from Facebook, which just released the white paper of cryptocurrency Libra.
According to YANG, cryptocurrency will be known to a larger population owing to Facebook’s global popularity. BTC, BCH, ETH, and many other coins will benefit from the release of Libra.
YANG, however, said that the Facebook cryptocurrency is not a risk asset and thus has no investment value.