Facebook plans to modify the Libra to win over regulators

by in Cryptocurrency News

Libra Association

Libra Association partners are weighing reorganizing the project to soften the position of governors. For this, the project's model may be revised in favor of the inclusion of several coins in the network, including those created by central banks.

Libra is projected to become a payment network that will work with different coins, rather than an individual digital asset, as previously planned.

Nevertheless, the organization will not abandon the latest ideas. The latest plan will be the scaling of the primary one. It will be presented soon.

Related: Facebook denies reports about refusing from Libra coin

Originating Libra as a payment network, and not a digital asset, for ordinary users can put it on a par with existing payment systems like PayPal.