Libra Association has published an update of its White Paper. To address the regulatory concerns, four key changes have been made:

1) offering single-currency stablecoins in addition to the multi-currency coin;

2) enhancing the safety of the Libra payment system with a robust compliance framework;

3) forgoing the future transition to a permissionless system while maintaining its key economic properties;

4) building strong protections into the design of the Libra Reserve.

Furthermore, the Libra Project will be made up of three parts:

1) Libra Blockchain, an open source software;

2) Libra Coins backed by the Libra Reserve of assets;

3) Governance by the independent Libra Association and its subsidiary Libra Networks.

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