La Libra, Facebook's digital currency, announced for 2021 in reduced format

The launch of Facebook's digital currency, Libra , could take place in 2021. The project may benefit from favorable factors in the global economy, but regulators will have to be convinced first.  Facebook could launch Libra, its digital currency in 2021, we learn from the British media Financial Times, which quotes people close to the process. The product is expected to arrive in a limited version, after the project has met with great aversion from regulators, including in the United States, the country where the headquarters of the social media management company are located. The stakeholder association behind this digital currency project is now planning to launch a single version of Libra that will itself be pegged to the dollar, at the rate of one unit of US currency for each Facebook digital currency . “The other forms of currencies will be deployed at a later stage,” the FT source added. The exact launch date will depend on when the project

Brexit: N26 online banking leaves the UK

The German neobank with five million users in Europe explains that it can no longer continue its activities in the United Kingdom with its European banking license.

Clap for the UK operations of N26, the young German digital bank. On Tuesday, the "unicorn" valued at more than $ 2.7 billion after only seven years of existence announced that it would withdraw from the British market and close all of its customer accounts there in the coming months. . A decision justified by a major change: Brexit.

Brexit: N26 online banking leaves the UK

"We will no longer be able to operate normally in the United Kingdom with our European banking license," justified the co-founders of the company in a press release. Consequently, N26 will close all of its accounts in the country on April 15, 2020. The co-founders of the bank also thank their British customers, and add that they want to deploy their efforts towards other markets, such as the United States, where they perceive "huge potential". "We will naturally continue to focus on our growth in the European Union," they say.

In detail, "customers will soon receive an official notice of termination," says the group, and their money will continue to be protected as before. However, users must withdraw their savings or transfer them to another bank account before the deadline. Once it has passed, the money will still be available, but latecomers will have to go through a specific web page to retrieve it.

N26 nevertheless presented a positive assessment in the United Kingdom, where it had disembarked in October 2018: last year, it had declared that it gained a thousand customers every day in this promising country.

Opposite, its British competitor Revolut specifies on its site that "nothing is changing for the moment", until the end of the Brexit transition period, at the end of 2020. "We can continue to serve our European customers by" passporting "Our British license in the European Economic Area", explains the bank. The company, which obtained a European banking license from the Lithuanian supervisory authority in 2018, says it is "ready for any eventuality".