FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – Facebook Inc (FB.O) will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday.
The company will offer digital versions of government-backed currencies including the dollar and euro, as well as its proposed Libra currency, when it launches its digital wallet, the report added, citing people familiar with the matter. (bit.ly/2PHZwiG)
The Information earlier reported that Facebook would not make Libra available on its own services but later corrected its article.
A Facebook spokesman confirmed to Reuters that the company was working on digital versions of government-backed currencies and said it was still planning to offer the proposed Libra token as well.
Facebook announced in June last year a plan to launch Libra in partnership with other members…
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