Facebook prompts investment risk: Libra or will never be released

Facebook reminded investors in its latest quarterly report that although the company expects to launch the digital currency Libra in 2020, there are still many factors that could prevent the event from happening. In a filing with the Securities and Exchange Commission (SEC), Facebook stated that Libra has been scrutinized by multiple jurisdictions and regulators, and we suspect that this review will continue. In addition, the market's acceptance of this new currency is also very uncertain. Therefore, we cannot guarantee that Libra or our related products and services will be provided in a timely manner or will be available. We lack significant early experience with digital currency or blockchain technology, which may adversely affect our ability to successfully develop and market these products and services.