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In Zuck We Trust: Facebook to Launch Own Cryptocurrency

2019-06-19 19:37:13| TechNewsWorld

Facebook's plans to mint its own digital coin will test the company's consumer credibility. After being savaged for months for its cavalier attitude toward users' privacy, the social network will be asking those same users to trust its new cryptocurrency. The currency, called "Libra," will be stashed in a digital wallet, the first product of new Facebook financial services subsidiary Calibra.

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