KM Financial Solutions | No Chinese yuan in basket underpinning Facebook’s Libra – Spiegel
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No Chinese yuan in basket underpinning Facebook’s Libra – Spiegel

No Chinese yuan in basket underpinning Facebook’s Libra – Spiegel

Facebook’s planned
cryptocurrency Libra will be backed by a basket of currencies
including the U.S. dollar, euro, yen, sterling and Singapore
dollar, but excluding China’s yuan, Der Spiegel reported,
referring to a letter from Facebook.

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