By Jose Antonio Lanz
But not everyone agrees that Facebook’s lobbying strategy is the right way to go.
“I doubt that China doing something foolish would make it easier for the U.S. to do something equally 
foolish,” Jason Bloomberg, president of digital analysis firm Intellyx, told Decrypt. “If anything, it would make American interests more wary.”
Although the precise characteristics of the “Chinese Libra”—which will be called China’s Digital Currency Electronic Payment (DCEP)—are still unknown, both projects have raised concerns with regard to potential data handling.
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