Facebook announced the launch of Libra in June, with Calibra slated to run a digital wallet and provide financial services using blockchain technology. — AFP Relaxnews
Global privacy regulators joined forces on Aug 6 to demand guarantees from Facebook on how it will protect users' financial data when it launches its planned cryptocurrency, Libra.
The watchdogs from Australia, the United States, European Union, Britain, Canada and other countries issued an open letter calling on Facebook to respond to more than a dozen concerns over how it will handle sensitive personal information of users of the digital currency.
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