For the cryptosphere, August was marked by the hotly debated announcements of world giants regarding the releases of international cryptocurrencies. The People’s Bank of China (PBoC) announced the imminent release of a national digital currency, Walmart (NYSE:WMT) began developing its own blockchain, Binance launching the Venus project, and Pavel Durov’s TON finally shared its release date.
The race was also joined by Facebook (NASDAQ:FB), which kept the development of its cryptocurrency a secret until the very last second. At the moment, the company is actively hiring specialists who can convince financial regulators to give the Libra coin the right to exist — and even launched a testnet of the future network.