Facebook’s Libra overhauls cryptocurrency model, makes concessions to regulators | TechRadar

Bitcoin Cash “halving event” could cause many miners to give up
The Facebook-led cryptocurrency will be issued and governed by the Libra Association which said that a “college” of central banks, regulators and enforcement agencies from over 20 countries set up by the Swiss watchdog FINMA will determine whether it can be licensed as a payments service provider in Switzerland.
According to the association’s head of policy and communications, Dante Disparte, Libra, which was initially scheduled to …

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