Facebook has promoted Libra as an opportunity to provide online commerce and financial services at minimal cost to more than a billion 'unbanked' people. — AFP Relaxnews
Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts as regulators unleash ire on the project, according to a report Oct 1.
A Libra Association created by Facebook to independently manage the digital money still had its initial group of backers on Oct 1.
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