Facebook has reportedly been exploring a move into the crypto and blockchain space in the past few months. Reports in the media have suggested that the Menlo Park-based company is developing its own stablecoin to be used for money transfers on its mobile messaging service WhatsApp. The company is said to be planning to raise up to $1 billion from outside investors. It wants to use the capital as a collateral for its token, to ensure that it maintains a stable value against a basket of fiat currencies. According to reports, Facebook is initially targeting the Indian market.
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The post Facebook relaxes blockchain advertising policy appeared first on The Independent Republic.
source: https://theindependentrepublic.com/facebook-relaxes-blockchain-advertising-policy/
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