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East Asia Digital Token Initiative Inspired by Facebook’s Libra Plan


Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook’s original plan for the Libra project. Per Seoul Daily, 10 members of the National People's Congress – the biggest and most powerful...

Facebook Replaces Calibra with Novi, Confirms Mandatory KYC


Source: a video screenshot, Novi Social media giant Facebook rebranded its Calibra subsidiary, responsible for the Libra project, saying that the first product Novi Financial will introduce is the Novi digital wallet designed for Libra digital currencies. "With Novi, sending money will be...

[aktualita] Ověřovat pravdivost obsahu bude pro Facebook i český Demagog.cz


Server Demagog.cz se stal novým partnerem Facebooku pro ověřování pravdivosti obsahu publikovaného na této sociální síti. Rozšíření skupiny fact-checkingových partnerů oznámil Facebook v tiskové zprávě. Demagog v českém prostředí doplní agenturu AFP, která fact-checking pro Facebook provádí...

Digital Yuan Rollout Is 'Response to Facebook’s Libra'


A South Korean financial expert says that China’s forthcoming digital yuan will be used in cross-border trading – possibly replacing the United States dollar in many international deals – and has been sped up as a response to Facebook’s Libra project. Per Maeil Kyungjae, Kim Jong-han, a senior...

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