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Facebook plans its own currency for 2 billion-plus users

Jun 18, 2019 - Associated Press Financial Wire

SAN FRANCISCO (AP) - Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too.

The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms.

But the effort, which Facebook is launching with partners including PayPal, Uber, Spotify, Visa and Mastercard, could also complic...