Facebook’s Libra has faced lots of hurdles from regulators from all over the world. Governments of the US, UK, Japanese, and French governments have already opposed it. Australia has also joined the team that is expressing opposition to it. The Office of the Australian Information Commissioner (OAIC) is engaging in a broader regulatory approach. Australia’s financial regulators met with Facebook Australia’s execs to gain details on Libra but they were left unsatisfied.
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USD1
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GRAM
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