No plans to ban Facebook's Libra: ECB's Coeure says
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FRANKFURT (Reuters) - Global financial regulators have no plan to ban Facebook's Libra or other stablecoins, but these digital tokens backed by official currencies will have to meet the highest regulatory standards, European Central Bank director Benoit Coeure said in an interview published on Thursday.His comments provide a rare ray of light for Facebook's cryptocurrency plans, which have been widely criticised by regulators and politicians since the social media group unveiled the currency in..