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Facebook to Launch its Cryptocurrency “Globalcoin” by 2020

As per a recent BBC article, Facebook is planning to launch “Globalcoin” by the first quarter of 2020. Initially, it will be set up...

Facebook Registers its Cryptocurrency Firm ‘Libra Networks’ in Switzerland

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A recent Reuters article reveals that Facebook Global Holdings has registered a new Financial Technology company in Switzerland. As per Geneva’s commercial register, the...

Bitcoin Players in India Cautious of Facebook’s Stablecoin

Indian firms in the crypto sphere believe Facebook’s plan to test its virtual currency in their country, will potentially bypass their crypto regulations. Last...

Facebook Lifts Cryptocurrency Advertisement Ban

In another update highlighting Facebook's growing interest in cryptocurrency, the platform has chosen to remove its ban on cryptocurrency advertisements. Facebook's growing interest in crypto...

Facebook Is Raising Funds For Their Crypto-Payment System

We’ve heard rumors regarding Facebook working on their own cryptocurrency and it seems they were actually true. Facebook refusing partnerships and banning crypto on...

Facebook’s Coin Might Be a Cash Cow, Says Analyst

Facebook is allegedly creating its own cryptocurrency. Some experts believe that it is an extremely lucrative undertaking. Ross Sandler, an internet analyst at Barclays, suggests...

Facebook Reportedly Pitching its Crypto coin to Crypto Exchanges

Facebook, the social networking giant with more than 2 billion users, has held talks recently with crypto exchanges about listing of its crypto coin....

Facebook Acquires Blockchain Startup Specialized in Smart Contracts

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According to recent news, the secret cryptocurrency division of Facebook acquired a blockchain startup that is specialized in the development of smart contracts.  Financial news outlet...

Facebook Launching Its Own Stablecoin For Whatsapp!

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BIG NEWS! According to Bloomberg, Facebook is going focus on the Indian market to let users transfer money via a dollar-pegged cryptocurrency on WhatsApp....

Facebook Eases Ban on Cryptocurrency Ads

It has emerged that Facebook, the media giant, has reconsidered its stance on cryptocurrency ads and once again allows them. However, it still prohibits...