Facebook-backed association revamps Libra following regulatory concerns

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Facebook just revamped Libra to include a basket of stable coins; and a bunch of limitations on who can use the permissioned coin:

https://techcrunch.com/2020/04/16/facebook-backed-association-revamps-libra-following-regulatory-concerns/

Additionally, the Libra Association will limit unregulated entities. You won’t be able to add Libra support to your app without going through a registration or licensing process in a Financial Action Task Force (FATF) member jurisdiction.

well where's the fun in that?

submitted by /u/arldyalrdy
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source https://www.reddit.com/r/btc/comments/g2qzv3/facebookbacked_association_revamps_libra/

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