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Pushback may delay Facebook’s digital currency plans

Facebook has to convince regulators and potential users its currency plans are credible.

Facebook announced details about Libra, its planned digital currency, in June.
Facebook announced details about Libra, its planned digital currency, in June.
Fabrice Coffrini/AFP/Getty Images

Facebook could delay its plans to launch a cryptocurrency next year. The social media giant wants to build a global digital currency called Libra, but that means having to deal with regulators around the world, who have concerns about what that could mean for the financial sector. 

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