Facebook Plans Global Financial System Based on Cryptocurrency

Written by Alexandre

June 20, 2019

coin on table

Facebook unveiled an ambitious plan on 18 June to create an alternative financial system that relies on a cryptocurrency that the company has been secretly working on for more than a year. . Users will have to show a form of government identification in order to receive the tokens. “Your financial data will never be used to target ads on Facebook,” Calibra Vice President of Product Kevin Weil said. To read more: Click here

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