Huawei CEO Calls on China to Create a Rival to Facebook's Libra Crypto - CoinDesk


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I hope China will make a new crypto to face Libra

Telecommunications giant Huawei’s chief executive has said that the time is ripe for China’s government to preempt Facebook’s Libra.

Speaking in an interview with Italian media outlet L’economia, CEO Ren Zhengfei remarked that China has the capability to pursue such an undertaking. He was asked a question about U.S. global hegemony and Facebook’s issuance of an international currency specifically.


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