SwanBitcoin445X250

By Sarah Clark[1]nfcw.com[2]

Facebook-backed Libra cryptocurrency project Is scaled back[3] — The New York Times — “The Libra project will now focus on creating a more traditional payment network in which coins will be tied to a local currency, somewhat like the digital dollars in a PayPal account. While Libra will also have a coin backed by multiple national currencies, which was the focus of the initial design documents, that will be less prominent.”

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