Financial Post: Facebook’s Libra, for all its promise, faces an uphill battle

Facebook’s recent announcement that it will create its own cryptocurrency, called “Libra” has shaken not just the world of blockchain, but finance and technology giants around the world. The crypto wars have begun in earnest. On Wall Street. And Washington. Buckle up.

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Computerworld: Blockchain expert Alex Tapscott sees coming crypto war as ‘cataclysmic’

Many large companies have taken steps to embrace blockchain, but Facebook’s plans for a cryptocurrency and digital wallet has prompted government oversight committees to call for hearings and may have banks taking another look at the distributed ledger technology.

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