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UK data watchdog raises privacy concerns over Facebook digital currency Libra
The UK's data watchdog has joined an international group of privacy authorities to express concerns about Facebook's new digital currency, Libra. Facebook plans to launch its digital currency within the next year, saying it will deliver an "inclusive and open" financial ecosystem. However, the plans appear to have been stalled amid regulatory concern. It includes a joint letter from bodies such as the Information Commissioner's Office in the UK - which wants to know "how customers' personal data will be processed in line with data protection laws". The new cryptocurrency is part of a wider Calibra digital wallet ... (full story)
