Facebook will reportedly launch its own cryptocurrency this month, but plans to hand over control of it to outside backers

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Facebook will reportedly launch its own cryptocurrency this month, but plans to hand over control of it to outside backers
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Facebook is reportedly planning to unveil a cryptocurrency service this month and is exploring the option to withdraw the currency through ATMs.

Facebook could debut its rumored cryptocurrency system as early as this month, according to The Information. The company is planning to hand over control of the payments system to outside backers. Facebook is also exploring the option to obtain the currency through ATMs. Visit Business Insider's homepage for more stories. Facebook is preparing to launch its own cryptocurrency as soon as this month, according to The Information.

Facebook could debut its rumored cryptocurrency system as early as this month, according to The Information. The company is planning to hand over control of the payments system to outside backers. Facebook is also exploring the option to obtain the currency through ATMs. Visit Business Insider's homepage for more stories. Facebook is preparing to launch its own cryptocurrency as soon as this month, according to The Information.

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