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PayPal's Stablecoin is the (Second) Biggest Crypto News Story of the Year

The Breakdown

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Bitcoin: A Central Bank Digital Currency

PayPal announced a new stablecoin called Libra. The announcement was met with incredible skepticism and Zuckerberg himself was hauled into Congress to explain. One of the biggest themes of conversations on Twitter was talk about potential restrictions, possible censorship or whether this is just a central bank digital currency by another name.

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