Facebook 's libra cryptocurrency will not be available in India because regulations do not allow the encryption system to be used for digital currency transactions , a source has said . Furthermore , Facebook has not filed an application for its cryptocurrency with the Reserve Bank of India , another source revealed . Calibra also plans to allow real-time conversion to local currency, used to remove any fluctuations in foreign exchange. However , Facebook expects its Calibra digital currency , which supports it , to be integrated into WhatsApp and be available everywhere .
Facebook 's libra cryptocurrency will not be available in India because regulations do not allow the encryption system to be used for digital currency transactions , a source has said . Furthermore , Facebook has not filed an application for its cryptocurrency with the Reserve Bank of India , another source revealed . However , Facebook expects its Calibra digital currency , which supports it , to be integrated into WhatsApp and be available everywhere .