India isn’t keen on Facebook’s Libra ‘cryptocurrency’28

Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. “Design of the Facebook currency has not been fully explained,” India’s Economic Affairs Secretary Subhash Garg told Bloomberg on Saturday. “But whatever it is, ...

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