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March 01 - 10:03
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Reports: Facebook to launch cryptocurrency over the next year
Facebook is to roll out its cryptocurrency over the next year, according to a report in The New York Times. It plans to launch a coin for its WhatsApp messaging service in the first half of 2019. It will be a 'stablecoin' - a cryptocurrency pegged to the value of a traditional currency. Facebook has embarked on a hiring push in its blockchain team since first announcing the department in May 2018.
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