Facebook and its partners, under pressure from regulators, could include other coins as part of a project to launch a new cryptocurrency called Libra.
Bloomberg, citing people familiar with the matter, reported Tuesday that Libra could become mostly a payments network that incorporates other coins issued by central banks and backed by currencies such as the US dollar and the euro. Facebook initially said it planned to create a single digital currency. Changes to the project might help the social media giant win over regulators who have raised concerns about Facebook's privacy scandals and the use of cryptocurrencies for money laundering and other crimes.