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The debate may appear abstract, with little bearing on the hard-boiled world of finance, but it is attracting increasing interest from economists and lawyers
The central banks of Britain, the euro zone, Japan, Canada, Sweden and Switzerland announced a plan to share experiences to look at the case for issuing digital currencies
The world's largest social media site spent more than $4.1 million on lobbying, the most among big internet platforms
There was, however, no impact on the company's operations
Member-countries will need to work much harder to come anywhere close to the integration they are visualising with the common currency project. It is an important milestone in world monetary history
The largest digital token, trading around $7,200, has posted gains of more than 9,000,000 per cent since July 2010, according to data compiled by Bloomberg.
The digital yuan can disrupt both traditional banking and the post-Bretton Woods system of floating exchange rates.
The Libra Association said that more than 1,500 entities have expressed interest in joining the digital currency project