Facebook may bow to regulatory pressure on libra

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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