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Facebook's Libra cryptocurrency should be prevented: German finance minister

Reuters Friday, 18 October 2019
German Finance Minister Olaf Scholz on Friday redoubled his criticism of Facebook's plans to launch its Libra cryptocurrency, and said creation of a new world currency should be prevented.
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News video: Facebook's Libra Open to Using Stablecoins

Facebook's Libra Open to Using Stablecoins 00:22

Facebook's Libra has faced numerous setbacks and now the company is looking for alternative financial structures, including different stablecoins backed by various government currencies.

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