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Facebook plans to create global financial system based on cryptocurrency The cryptocurrency, called Libra, will also have to overcome concern that Facebook does not effectively protect the private information of its users Current Affairs :-Facebook uncovered an aspiring arrangement on Tuesday to make an option budgetary framework that depends on a digital money that the organization has been furtively chipping away at for over a year. The exertion, reported with 27 accomplices as various as Mastercard and Uber, could confront quick incredulity from individuals who question the handiness of cryptographic forms of money and other people who are careful about the influence officially aggregated by the web based life organization. The digital money, called Libra, will likewise need to defeat worry that Facebook does not adequately secure the private data of its clients — a major assignment for a bank or anybody dealing with monetary exchanges. In any case, if the undertaki...