Meta plans to create currency

The social media giant appears to have multiple currency-related irons in the fire Social media behemoth Meta is reportedly considering rolling out a digital currency, the Financial Times revealed on Wednesday, years after the company’s initial efforts to create a cryptocurrency called Libra ran around on a combination of stifling regulations and user distrust. Despite the collapse of its planned cryptocurrency Diem – formerly known as Libra – Meta has not given up on its plans to muscle into the financial services sector, with internal sources suggesting the company has plans to roll out a whole suite of virtual

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Last updated : 07 April 2022 clock 10:29 PM

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