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Report: Facebook’s Crypto Plans Could Transform Digital Commerce

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

Facebook, the social giant with more than 2.38 billion people logging on monthly, is reportedly developing its own cryptocurrency and seeking $1 billion from some of the biggest players in finance. The Wall Street Journal (WSJ) first reported Thursday that Facebook, which is struggling to shrug off a series of data privacy scandals that first…

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