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Facebook Reportedly Building Cryptocurrency-Based Payment System

PHILADELPHIA (CBS) – Facebook is reportedly building a cryptocurrency-based payment system. According to the Wall Street Journal, the social media giant is recruiting financial firms and e-commerce companies to help launch the payment platform.

Users would be able to send a digital coin to each other and use that currency to make purchases on Facebook and online.

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Facebook's plan may also include ways to financially reward users who watch with ads.

 

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