Facebook Pushes Forward with Libra
San Francisco — Social Media titan Facebook continues to push forward with its upcoming cryptocurrency, Libra, as pushback from governments increases. Facebook acquired the startup company Servicefriend, which specializes in chatbots that uses AI and machine learning. In a report on TechCrunch, a Facebook representative hinted at the implementation of Servicefriend: "Facebook's plan is to build a range of financial services for people to use Calibra to pay out and receive Libra as for example, to send money to contacts, pay bills, top-up their phones, buy things and more.”
The SEC and Congress will be meeting on Tuesday to discuss ICO’s as well as Libra.