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Making heads or tails of Facebook’s digital coin rumors
May 6, 2019

Making heads or tails of Facebook’s digital coin rumors

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President Trump spooks the markets with tariff talk. Facebook gets into the crypto game. What does Brexit hold for the U.K.'s ambitious high-speed rail project?

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Facebook is reportedly developing its own cryptocurrency

by Ben Bradford
May 6, 2019
The Wall Street Journal reports that Facebook is preparing to launch a cryptocurrency for use across its social media platforms, including WhatsApp and Instagram. According to the report, Facebook hopes the coin will be backed by $1 billion in investments from Visa and Mastercard, among other financial services companies. If the tech giant does unveil […]
Paper circles with the Facebook logo are displayed during the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Facebook CEO Mark Zuckerberg delivered the opening keynote to the FB Developer conference that runs through May 1.
Justin Sullivan/Getty Images
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