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Facebook to rethink Libra plans
By Bizclik Editor
May 19, 2020
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Facebook is considering rethinking its Libra project due to possible regulatory concerns
It was reported by Bloomberg on 3 March that the social media giant and its partners are mulling over a redesign of its Libra cryptocurrency project.
Libra was originally launched under the vision of Facebook having its own payment network with a native stablecoin and developing a single digital currency - at that stage, Facebook was broaching early discussions with companies such as Visa, Mastercard and First Data around the project.
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