Facebook has registered in Switzerland blockchain-company Libra Networks

The largest social network Facebook has registered Libra Networks in Switzerland, Switzerland, Reuters reports.

Thus, in the register of business entities of Geneva it is indicated that Libra Networks is registered on May 2 by the company Facebook Global Holdings.

"Goal: providing services in the field of finance and technology, as well as the development of infrastructure and software, in particular, related to investment activities, payment transactions, financing, identity management, data analysis, Big Data, blockchain and other technologies ," says in the document.

In addition, according to CoinDesk , Facebook recently hired two former Coinbase compliance managers, Jeff Cartwright and Michael Musharrafi.

Earlier, The Wall Street Journal reported that Facebook steblecoin will form the basis of the new payment system called Libra, and the company is already negotiating cooperation with Visa, Mastercard, processing services and e-commerce giants.

In addition, some sources said that Facebook intends for the first time in a long time to attract external funding in the amount of $ 1 billion for the project.

Recall, recently, the US Senate Banking Committee demanded that Facebook Inc. corporation. provide information about the Libra project.

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