×

Sign up for Source Code — David Pierce’s daily newsletter on everything that matters in tech.

Not today, thank you!

Will be used in accordance with our Privacy Policy

×

Sign up for Protocol Index — Shakeel Hashim's weekly newsletter on the business and finance of tech.

Not today, thank you!

Will be used in accordance with our Privacy Policy

×

Sign up for Protocol Cloud — Tom Krazit's weekly newsletter on the future of cloud & enterprise computing.

Not today, thank you!

Will be used in accordance with our Privacy Policy

×

Sign up for Protocol Pipeline — Biz Carson's weekly newsletter on the venture capital and startup world.

Not today, thank you!

Will be used in accordance with our Privacy Policy

×

Sign up for Protocol Next Up —Defining the future of tech and entertainment with Janko Roettgers. Launching September 10th.

Not today, thank you!

Will be used in accordance with our Privacy Policy

×

Protocol’s Seth Schiesel helps you understand the $150 billion video gaming industry. (Coming October.)

Not today, thank you!

Will be used in accordance with our Privacy Policy

Source Code: What matters in tech, in your inbox every morning

×
Bulletins

Facebook scaled back its Libra crypto plans.

Sofie Kodner
March 3, 2020

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.

Sign up for Protocol newsletters

Sofie Kodner

Sofie Kodner (@KodSof) is a former newsletter producer at Protocol, based in San Francisco. Previously, she was a reporter with Bay Area public radio station KALW. Send her an email at sofie@protocol.com.

Latest Stories