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Facebook faces EU grilling over Libra ‘cryptocurrency’ after losing PayPal backing

Facebook faces EU grilling over Libra ‘cryptocurrency’ after losing PayPal backing

TNW Hard Fork | Yessi Bello Perez | Oct 7, 2019 As Facebook deals with the loss of PayPal‘s backing for its ‘cryptocurrency‘ Libra, the tech giant must now get ready to answer EU regulators’ questions about the potential risks posed by the project. The European Commission has requested that Facebook and the Libra Association