Facebook’s Libra Cryptocurrency Gets Revamp in Response to Backlash

Facebook’s Libra Cryptocurrency Gets Revamp in Response to Backlash By Nicole Pinto on April 16 2020 in Facebook
“Facebook’s planned cryptocurrency Libra will be linked to individual national currencies and overseen by global watchdogs in a scaled-back revamp it hopes will win regulatory approval. The prospect of Facebook’s 2.5 billion users adopting Libra has led to intense scrutiny from global regulators, with many worried its launch could erode national control over money. Libra’s governing b…

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