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The good news for Facebook’s Libra digital currency initiative is that its long-awaited debut appears to be imminent. The bad news is that Libra will likely emerge in a format that is heavily scaled down from its original plans.
Hannah Murphy of Financial Times reported this past weekend that Libra will roll out in January, citing three unidentified people involved with the project, but it will debut in the form of one coin based on the U.S.