what cryptocurrency will facebook use

Last Updated on October 17, 2023 by Paganoto

Facebook's dream of creating its own global cryptocurrency …

New York (CNN Business) In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of its most ambitious projects yet: a cryptocurrency called Libra, which would be backed by an international consortium of companies.Feb 1, 2022

Facebook Steps Toward Cryptocurrencies – IEEE Spectrum

Facebook has finally made its long awaited foray into cryptocurrencies, but the project is a shadow of its ambitious initial plans. The company has launched …

Why Is Facebook Getting Into Cryptocurrency? – IEEE Spectrum

Facebook is on the cusp of launching an ambitious new cryptocurrency-based payment system that it says will boost financial inclusion and slash transaction …

Meta's Novi Service to Be Phased Out: What You Need to Know

Zuckerberg has acknowledged that having people use cryptocurrency would likely benefit Facebook by making advertising on the social network …

Facebook-backed cryptocurrency sold amid regulatory pressure

Facebook’s plan to introduce its own cryptocurrency has come under sharp criticism from many countries. The social media giant announced in June …

Diem cryptocurrency will be in 'class of its own,' Facebook …

Facebook has a plan to take over the world of digital wallets, using cryptocurrency to separate it from the likes of PayPal and other …

'Zuck Bucks': Meta develops new digital currency for … – Fortune

Facebook announced Libra—a cryptocurrency to be backed by several government currencies—in 2019, only to immediately face criticism from …

Facebook taps Coinbase for digital wallet Novi – CNBC

Facebook launched its new digital wallet for cryptocurrencies called Novi Tuesday, and it hired Coinbase to help with the logistics.

Facebook's Cryptocurrency [Libra Explained] – Techjury

How Will the New Facebook Libra Work?

Facebook's Cryptocurrency Venture to Wind Down, Sell Assets

The Diem Association, the consortium Facebook founded in 2019 to build a futuristic payments network, is winding down and selling its technology …

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Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.