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

FILE PHOTO: Libra logo in illustration picture
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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...
Date Published: Sep 13, 2019
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