Binance Talking To Facebook Regarding Libracoin

One of the largest and most influential crypto exchange in the world, Binance, is currently in talks with social media giant Facebook regarding the latter’s Libracoin initiative.

Binance’s strategy officer, Gin Chao, reveals that this company is very excited about the Libra project which many believe could be the final catalyst that could bring mass onto the crypto space.

Chao has a slightly different take on this development, he belies that it will not only spur mass adoption but will force regulators to try to catch up.

While information about the talks was scarce Chao has shared that discussions were largely focused on dealing with infrastructure.

The main aim of the project is to enable users to send money via the internet all over the globe faster and with lower fees.

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