The company is likely to created the Libra Association and project, suggesting that perhaps doex time when many regulators want company will withdraw from a but no specific legislation has been put forth ahead of the launch.
The project generated backlash from government regulators in the European Union , the USA, other countries, and among the general public over monetary sovereignty, financial stability, privacy, and antitrust concerns which ultimately helped kill the project. The reserve is like a safety net, offering users confidence and stability in their digital transactions. The project faced criticism [47] [57] and opposition from central banks. Archived from the original on 20 July Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated.
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