Bangalore: Facebook Inc will revamp its plans for digital currencies amid regulatory scrutiny, The Information reported on Tuesday. The company will offer digital versions of government-backed currencies including the dollar and euro, as well as its proposed Libra currency, when it launches its digital wallet, the report added, citing people familiar with the matter. 


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The Information earlier reported that Facebook would not make Libra available on its own services but later corrected its article.


A Facebook spokesman confirmed to Reuters that the company was working on digital versions of government-backed currencies and said it was still planning to offer the proposed Libra token as well.


Facebook announced in June last year a plan to launch Libra in partnership with other members of the Libra association, but the project quickly ran into trouble with skeptical regulators around the world.