Jul 11, 2019
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Facebook’s Calibra Launch in India “Not Possible At This Time”

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A government official from India has recently expressed his discomfort with Facebook’s upcoming stablecoin, Libra. Just days after this, the social network suggested that it doesn’t have any plans to offer Libra or its digital wallet, Calibra, in what could have been its biggest market.

A spokesperson from Facebook has said that India’s ruthless anti-cryptocurrency stance – and potential ban – is the main reason they are staying away from the country.

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