Facebook, reviewing its own virtual currency issue

in bitcoin •  6 years ago 

Facebook is reported to be reviewing its own virtual currency issue.

According to Cheddar, an American economic site, Facebook has been researching ways to add a block chain to Facebook for over a year, and has recently created a virtual currency department as part of a major reorganization.

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Cedar is quoted as saying, "Facebook is seriously considering issuing virtual currency," he said, and is studying how to use block-chain technology in virtual money as well as in identity inquiries.

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