• Embattled Libra Association
    Cryptocurrencies,  Politics

    Embattled Libra Association’s radical overhaul

    With a rewritten white paper and a ‘watered-down’ concept, Facebook’s controversial Libra stablecoin project is hoping to succeed in wooing regulators the second time round

    After receiving a fierce and unequivocal pushback from regulators worldwide, an embattled Libra Association now plans to offer digitized versions of single currencies—paving the way for a Libra dollar (LibraUSD), Libra euro (LibraEUR), and Libra pound (LibraGBP) in addition to the Libra payment token (≋LBR).