Facebook-backed association revamps Libra following regulatory concerns

The Libra Association, the consortium created by Facebook to oversee all things Libra, has updated its white paper to make some changes. The association is abandoning its original plan to create a global stablecoin directly tied to a basket of fiat currencies and securities. The Libra Association now plans to release several stablecoins — each … Continue reading Facebook-backed association revamps Libra following regulatory concerns