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The EU cannot work out exactly what Libra is according to a memo by European Commission executive vice-president, Valdis Dombrovskis. 
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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.
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EC questions what is Libra? Is it a stable coin? And what regulatory frameworks and standards govern stable coins? An uphill task exists while BOJ and other central banks are actively exploring launching their own stable coins!Â