{"id":393516,"date":"2019-08-19T11:34:53","date_gmt":"2019-08-19T11:34:53","guid":{"rendered":"https:\/\/wncen.com\/?p=393516"},"modified":"2019-08-19T11:37:48","modified_gmt":"2019-08-19T11:37:48","slug":"binance-expanding-cryptocurrency-world-domination-efforts-with-libra-rival","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/binance-expanding-cryptocurrency-world-domination-efforts-with-libra-rival\/","title":{"rendered":"Binance Expanding Cryptocurrency World Domination Efforts With Libra Rival"},"content":{"rendered":"
The world\u2019s most dominant cryptocurrency exchange, Binance, is not satisfied with being the best in the industry. It literally wants to own it as Facebook has done with social media. The latest ambitions from the Malta based company include a localized stablecoin initiative that will rival Libra.<\/p>\n
Not only has Facebook had to contend with a regulatory onslaught from US and global lawmakers, it is now coming under pressure from firms in the crypto industry. Binance announced<\/a> the Venus project earlier today on its news portal. The project aims to be an independent regional version of Libra facilitated by the firm\u2019s international presence.<\/p>\n The announcement added that the company will utilize its own public blockchain, Binance Chain, in order to \u2018empower developed and developing countries to spur new currencies\u2019. It went on to state that it intends to form new alliances and partnerships with governments and enterprises to assist the project. This is something Facebook has totally failed to achieve as it operates strictly under the guidance of master and commander, Mark Zuckerberg.<\/p>\n We have a vision to achieve a borderless financial system. It's not just to the moon. To #venus<\/a>. https:\/\/t.co\/PwWAPPvHFX<\/a><\/p>\n — Yi He (@heyibinance) August 19, 2019<\/a><\/p><\/blockquote>\n\n