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Facebook Launches Swiss-Based Startup to Develop Its Crypto

The social media heavyweight has recently set up a company in Switzerland to focus on its stablecoin and blockchain-based payment system Citing a Swiss news website, Handelszeitung, Reuters reports that Mark Zuckerberg’s social media has chosen the local jurisdiction for making its plans regarding its USD-pegged coin come true. Choosing the most crypto-friendly country Facebook is dead…
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