Bloomberg: Facebook is Developing a Cryptocurrency for Transfers in WhatsApp

Merry Cryptsmas everyone!

Crypto bells crypto bells crypto all the way
Oh what fun it is to ride in a crypto open market…
Merry Cryptsmas!

#MerryCryptsmas

Bloomberg: Facebook is Developing a Cryptocurrency for Transfers in WhatsApp

Facebook is reportedly making a cryptocurrency for users of the messaging service WhatsApp, Bloomberg reports on Dec. 20. The token will purportedly be used for money transfers made within the app, and will focus on the remittances market in India.

Citing sources familiar with the matter, Bloomberg states that Facebook is developing a stablecoin. The sources further stated that the coin will not be released anytime soon, as Facebook is still working on a strategy for custody assets i.e. the asset to which the stablecoin will be tied……

Click here for more : Bloomberg: Facebook is Developing a Cryptocurrency for Transfers in WhatsApp

Share this article

Related Posts

Want to learn How to Trade Crypto?

Forward from Bokchain: Ten years ago today, 5,050 btc were sold for $5.02 in the first market transaction for bitcoin. Today, they’d be worth $42,171,792.50. […]

13 Oct 2019
The Demise of CryptoAsia

This kind of things happen everywhere, just that the Cambodia community is more unfortunate. Even I, who is considered an old sailor in the blockchain […]

10 Oct 2019