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Bulletins

Facebook scaled back its Libra crypto plans.

After seemingly never-ending pressure from regulators, Facebook has reportedly decided to modify its digital currency plans.


The company will now focus on launching digital versions of government-backed currencies in its Calibra wallet, including the U.S. dollar and the euro, in addition to the proposed Libra token. Libra's still pressing forward, but Facebook's singular crypto dream is on hold for now.

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