![(FILES) This file photo taken on April 30, 2019 shows the Facebook logo displayed during the F8 Facebook Developers conference in San Jose, California. Facebook unveiled on June 18, 2019 its global crypto-currency "Libra," in a new initiative in payments for the world's biggest social network with the potential to bring crypto-money out of the shadows and into the mainstream.
/ AFP / JUSTIN SULLIVAN](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/RVCG5C2QJNOYP7N6NFYFJKHYAY.jpg?smart=true&auth=deb7aa6b3b0ac3bbdd1162164b6c54d89e791e589616810acc01b33bc377e80a&width=400&height=225)
Facebook's proposed cryptocurrency Libra is facing resistance from regulators. AFP
Facebook's proposed cryptocurrency Libra is facing resistance from regulators. AFP
Facebook's new cryptocurrency Libra will hit the market in 2020
New digital token will allow customers to buy things or send money to people with nearly zero fees