Daily Crunch: Facebook’s cryptocurrency is coming

in cryptocurreency •  6 years ago 

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  1. Facebook plans June 18 cryptocurrency debut. Here’s what we know

Facebook is finally ready to reveal details about its cryptocurrency, codenamed Libra. It has currently scheduled a June 18 release of a white paper explaining its cryptocurrency’s basics, according to a source.

It sounds like Facebook’s cryptocurrency will be a stablecoin, transferable with zero fees via Facebook products including Messenger and WhatsApp.

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