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Facebook may bow to regulatory pressure on libra

Basic goals have not changed, says tech giant

Facebook libra

Social media giant Facebook and its partners have reportedly tweaked the design of their crypto asset platform following a backlash from regulators worldwide.

Earlier this month, media outlets The Information and Bloomberg reported the payment platform libra was undergoing a change which would allow digital versions of government-backed currencies to be offered alongside its own token.

Designs for digital currencies are being explored by central banks, which have begun to consider whether the

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