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Crypto Facebook

Visa, Uber Among Firms Backing Facebook’s Cryptocurrency

Visa, Mastercard, PayPal and Uber are among more than a dozen companies Facebook has recruited to participate in an outside foundation that will govern its planned new cryptocurrency, according to the Wall Street Journal. The Information reported last week that Facebook had held discussions with dozens of financial institutions and tech companies about joining the foundation, asking for investment of $10 million in exchange for a role in stewarding the cryptocurrency network. 

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