Facebook tweaks Libra project amid pressure
Hit by regulators and political pressure, Facebook is reportedly planning to now offer digital versions of government-backed currencies, including the US dollar and the euro, apart from the cryptocurrency Libra.
According to a report in The Information on Tuesday, the social networking giant would also delay the roll out of its digital currency by several months.
According to the report, Facebook Calibra wallet, originally slated to launch this summer, is now coming out in October.
The crypto wallet will also support other major currencies apart from Libra.
Facebook, however, denied the report that earlier stated that Calibra wallet will not offer Libra.