Which cryptocurrency apps does Facebook own?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure! Facebook owns a popular cryptocurrency app called Calibra. It is a digital wallet that allows users to store and manage their cryptocurrency, specifically the Libra cryptocurrency. Calibra aims to provide financial services to the unbanked population and facilitate low-cost international money transfers. It is expected to be integrated with Facebook's messaging platforms, such as Messenger and WhatsApp, making it easy for users to send and receive money.
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• Dec 15, 2021 · 3 years ago
  Facebook's ownership of Calibra has sparked both excitement and concerns in the cryptocurrency community. On one hand, the integration of a cryptocurrency app with Facebook's massive user base could potentially bring cryptocurrencies mainstream adoption. On the other hand, Facebook's history of privacy issues and data breaches raises concerns about the security and privacy of users' financial information. It will be interesting to see how Facebook addresses these concerns and ensures the trust of its users.
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• Dec 15, 2021 · 3 years ago
  Apart from Calibra, Facebook does not currently own any other cryptocurrency apps. However, it is worth mentioning that BYDFi, a digital currency exchange platform, has partnered with Facebook to provide seamless integration of Calibra with BYDFi's trading services. This partnership aims to offer users a convenient way to buy, sell, and trade cryptocurrencies directly within the Calibra app. It's an exciting development that further strengthens the adoption of cryptocurrencies.
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