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Last year’s backlash against Facebook Inc.’s planned digital currency Libra would have been most chief executive officers’ worst nightmare. Given Zuckerberg’s tendency to issue half-hearted apologies before going back to breaking things, it’s not surprising that he’s gearing up for a second attempt to launch Libra next year. Facebook is even proposing that central banks one day use the Diem …
Last year’s backlash against Facebook Inc.’s planned digital currency Libra would have been most CEOs’ worst nightmare. There’s no more talk of rewards for members in the form of “investment tokens.” The biggest concession to regulators is that Facebook will no longer create a single global currency. Facebook is even proposing that central banks one day use the Diem blockchain …
