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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.