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Bank of America: Facebook’s Libra Could Act as an Endorsement of Crypto

The crypto and finance worlds are both patiently awaiting further news about Facebook’s highly anticipated cryptocurrency project, Libra, which is expected to be officially discussed in detail tomorrow.


Prior to this announcement, multiple major analysts at global banks have shared their thoughts on what Libra could mean for both the company itself and for the aggregated crypto markets in general, and the consensus is rather bullish.


When Facebook Calls, You Pick Up: Libra Garners Major Partners Ahead of Official Launch


Although Libra’s massively centralized nature runs counter to the credo of decentralization held by many crypto enthusiasts, there is no question that one of the benefits of its inextricable ties to Facebook is the sheer amount of massive partnerships it has already garnered ahead of its launch.

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