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Transcripts For DW Business 20240714

Business im to now the law and in berlin welcome now can facebook take cryptocurrency mainstream the Worlds Largest social network is reportedly unveiling the digital coin it plans to roll out next year proponents say it could revolutionize Digital Payment systems under a single streamlined currency the project is called libra according to media reports over a dozen global firms will invest in and govern the currency like master card bought a phone and mover this group will supposedly wall off control of the currency from facebook itself the coin will be pegged to a basket of global currencies like the dollar and the euro to protect it from the fluctuation that has hit big but will i catch on facebook thats the scale of the social network and its services with 2400000000 monthly users will forge a new marketplace for streamline purchases and exchanges so a lot of big claims ....

New York , United States , Sarah Jane Lewis , Jerome Powell , Facebook Cornwell , John El Gamal , Michael Fabiano , Worlds Largest , Largest Social Network , Digital Payment , Payment Systems , Mover Group , Network Services , Shot Head , Head Marketing , Chain App , Big Tech , Apple Pay , Google Pay , Revenue Streams , User Data , One Day , Sarah Jane , Jane Lewis , Banking Details , Company Getting ,