Facebook undeterred by skepticism, set to launch digital currency next year

ZURICH: Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite authorities around the world pouring cold water on the plans.
Since the U.S. tech company unveiled its plans in June, its proposed cryptocurrency has met with regulatory and political scepticism, with France and Germany pledging to block Libra from operating in Europe.
“The goal is still to launch Libra next year,” Facebook’s David Marcus told NZZ in an interview published on Friday. “Until then, we’ll need to address all questions adequately, create a suitable regulatory environment.”