Facebook’s Libra Masterplan

The social media company’s move into cryptocurrency takes advantage of regulatory loopholes

Eric Wall
OneZero
Published in
10 min readJun 20, 2019

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Photo: Josh Edelson/AFP/Getty

FFacebook is very knowingly exploiting a very specific gap in regulations and technology made possible by the cryptocurrency industry that will allow their planned “Libra” cryptocurrency to flow into the black market economy while still being compliant with…

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