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 .
Facebook's libra cryptocurrency will not be available in India because regulations do not allow the banking 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 wallet, which supports libra, to be integrated into WhatsApp and be available everywhere.