Which cryptocurrency platforms are owned by Facebook?

3 answers

• ritchie zhengSep 24, 2022 · 3 years ago
  Yes, Facebook has indeed entered the cryptocurrency market. They have their own platform called Libra. Libra is a digital currency developed by Facebook and it aims to provide financial services to people who don't have access to traditional banking systems. It's designed to be stable, secure, and scalable, and it's backed by a reserve of assets to keep its value stable.
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• Hanne De MeyerNov 29, 2023 · 2 years ago
  Absolutely! Facebook has launched its own cryptocurrency platform called Libra. Libra is a blockchain-based digital currency that was announced by Facebook in 2019. It's designed to enable fast, low-cost transactions and to be accessible to everyone, including those without a bank account. However, it's important to note that Libra has faced regulatory challenges and has not been launched yet.
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• PraneetJan 01, 2024 · 2 years ago
  Yes, Facebook has entered the cryptocurrency market with its own platform called Libra. Libra is a global cryptocurrency that aims to empower billions of people by providing them with access to financial services. It's backed by a reserve of assets, including bank deposits and short-term government securities, to ensure its stability. However, it's worth mentioning that the development and launch of Libra have faced regulatory scrutiny and challenges.
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