ÿþFurthermore, "to ensure separation between mens hats types social and financial data and to build and operate services on its behalf on top of the Libra network," Facebook has created a regulated subsidiary called Calibra, which will also be responsible for providing the necessary financial infrastructure, namely a digital wallet that will allow users to store Libra tokens and send them to each other. Marcus  who is also CEO of Calibra  later explained that the product is expected to become "one of many competing digital wallets available to customers."

Facebook has also noted that the mens hats baseball software powering the Libra blockchain has been kept open-sourced in order to create an interoperable ecosystem of financial services and to broaden inclusion. In addition, Facebook has revealed the release of the mens hats summer Libra Investment Token  distinct from its public-oriented cryptocurrency Libra  which can be purchased or distributed as dividends to the association's founding members and accredited investors.

The governor of the Bank of England ( BoE ), Mark Carney, has been keeping an open mind in regard to Libra. Specifically, Carney said Libra could have genuine use cases if it can conform mens hats trucker to regulatory demands, saying, "Anything that works in this world will become instantly systemic and will have to be subject to the highest standards of regulations." Carney further suggested that Facebook's cryptocurrency can indeed solve some financial problems.

Nevertheless, the former head of the PBoC has also stated that "China should take precautions" against the trend represented by Facebook's Libra. Indeed, according to media reports, China's central bank has started developing its own digital currency in response to Libra. Wang Xin, director of the PBoC research bureau, argued that "if it mens hats for summer [Libra] is widely used for payments, cross-border payments in particular, would it be able to function like money and accordingly have a large influence on monetary policy, financial stability and the international monetary system?"

States, provinces and municipalities could use cryptocurrencies to fund projects and programs. Municipal cryptocurrencies  that is, cryptocurrencies launched by cities  could offer citizens a new way to invest in a certain location and even buy goods while helping governments to fund projects. Campbell Harvey from Duke University told Cointelegraph that municipal cryptocurrencies could provide a mechanism to fund certain projects. According to Harvey: