Facebook announces new cryptocurrency called 'Libra'

6:28 AM ET Tue, 18 June 2019

Facebook announced a new digital currency on Tuesday called "Libra." The company is partnering with 27 other businesses and organizations to start the crypto as an open-source currency. Facebook says it aims to make it as easy to send money around the world as it is to send a photo. CNBC's Julia Boorstin reports.