Facebook’s Libra Confirms A New Plan To Please Regulators

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Facebook’s Libra Confirms A New Plan To Please Regulators

In an attempt to ease regulatory concerns, Facebook’s Libra just changed its initial plan to issue the multi-currency Libra Coin and now aims to start from single-currency stablecoins, such as LibraUSD, LibraEUR, etc. Also, the project dropped its plan to move to a permissionless system.
"This will allow people and businesses in the regions whose local currencies have  Read more »
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