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Daily Crunch: Facebook unveils Libra cryptocurrency

Anthony Ha
Daily Crunch: Facebook unveils Libra cryptocurrency

The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. Facebook has finally revealed the details of its cryptocurrency Libra, which will let you buy things or send money to people with nearly zero fees. The company won’t fully control Libra, but instead get just a single vote in its governance like other founding members of the Libra Association, including Visa, Uber and Andreessen Horowitz, which have invested at least $10 million each into the project’s operations.