Binance Wants To List Libra, Also Be Part Of The Libra Association
Judging by recent news, it appears that Binance is in talks with Facebook about either listing Libra or joining the Libra Association. Binance's CSO, Gin Chao, confirmed that the exchange has had discussions with Facebook about a listing process.
Recent news shows that Binance is in the talks with Facebook's Libra project. Binance CSO Gin Chao commented that “discussions have taken place with Facebook”. The exchange wants to list Libra once the project goes live. However, Gin Chao also said that Libra will be built on a private blockchain, thus it won't need any external liquidity, but he speculated that Facebook may desire a secondary market as well.
“Currencies benefit from a secondary market, so it would be in their best interest to want to be listed,” he explained.
Gin Chao is a former corporate development executive for the NBA and DELL.
Read more: https://www.coinspeaker.com/binance-list-libra-libra-association/
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