It seems that the dream of Facebook founder and CEO Mark Zuckerberg to launch his own digital currency has become on the brink of verification consistent with the newest information and informed media reports, despite the strong criticism campaign that has appeared recently and since the revealing of this new project.
And the Facebook company, through its CEO, had been discharged a while ago about its ambitious project associated with launching a digital electronic currency almost like what's currently in situ and competition for other currencies, especially Bitcoin, but Facebook's new project represented within the electronic currency Libra has been severely criticized by many The parties, whether it involves political and particularly economic ones, but it's clear that Mark Zuckerberg's ambition remains continuing.
A report by the famous and credible Financial Times economic newspaper stated that Facebook intends to launch its electronic currency Libra within the upcoming year 2021, and exactly in January, that is, at the start of the year, because the newspaper says that Facebook is doing an excellent job so as to supply its new currency at this date, but The plans may change within the event of a delay or new problems regarding the approval of the utilization of this currency by the competent authorities.
The newspaper points out that the launch of the currency is subject to the approval of the Swiss Financial Market Supervisory Authority, known for brief as "FINMA", which is that the Swiss federal authority competent to watch financial markets.