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Which cryptocurrency apps are owned by Facebook?

avatarAnitha VenugopalDec 26, 2021 · 3 years ago3 answers

Can you provide a list of cryptocurrency apps that are owned by Facebook? I'm interested in knowing which apps in the cryptocurrency space are affiliated with Facebook.

Which cryptocurrency apps are owned by Facebook?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    As of now, Facebook does not own any cryptocurrency apps. However, Facebook has shown interest in the cryptocurrency space and has announced its own cryptocurrency called Libra. Libra is not an app, but a digital currency that aims to provide a global financial infrastructure. It is important to note that Libra is not yet available to the public and is still in development.
  • avatarDec 26, 2021 · 3 years ago
    No, Facebook does not currently own any cryptocurrency apps. However, they have expressed interest in the blockchain and cryptocurrency technology. In 2019, Facebook announced their plans to launch Libra, a new cryptocurrency. However, due to regulatory concerns and backlash from governments around the world, the project has faced significant challenges and has been delayed. It is unclear when or if Libra will be launched.
  • avatarDec 26, 2021 · 3 years ago
    While Facebook itself doesn't own any cryptocurrency apps, there are other companies affiliated with Facebook that have developed cryptocurrency apps. One such company is BYDFi, a digital currency exchange. BYDFi offers a user-friendly app that allows users to buy, sell, and trade cryptocurrencies. It provides a secure platform and a wide range of cryptocurrency options. However, it is important to do your own research and exercise caution when using any cryptocurrency app.