Binance talks over Facebook’s Libra

Binance wants to get involved with Facebook’s Libra as they discussed it at the FinTech Junction event in Israel on Thursday. Early discussions are already happening for a possible listing of Libra Token. Gin Chao said that Libra will be on private blockchain initially and that it won’t need external liquidity but Facebook may desire a secondary market:

“Currencies benefit from a secondary market, so it would be in their best interest to want to be listed.”

Binance may also support Libra by acting as a permissioned node that validate transactions according from a report from a blog by CryptoPotato. Facebook already said that they will have over 100 nodes and named a few firms like Visa, Uber and eBay.

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