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    BEHIND LIBRA, FACEBOOK’S NEW DIGITAL CURRENCY

    Jun 21, 2019 2 minutes

    Facebook is unveiling a digital currency called Libra as the company seeks to make its ads more valuable by enabling smoother transactions and payments online, particularly among those without credit cards or bank accounts.

    Libra will use the same security and record-keeping principles as Bitcoin, the most popular digital currency system today. But unlike Bitcoin, Libra is backed by several traditional financial companies, including

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