Spooked by Facebook's Libra, euro zone to step up work on public cryptocurrency

HELSINKI (Reuters) - Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they hope would make redundant projects like Facebook's Libra, which is seen as a risk to financial stability, officials said on Friday.The 19-country bloc is also united in pursuing a tough regulatory approach should Libra seek authorisations to operate in Europe. It is also considering a common set of rules for virtual currencies, which are currently largely..