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Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association

Published 08/21/2019, 02:55 PM
Updated 08/21/2019, 03:01 PM
© Reuters.  Taipei-Based Crypto Firm Maicoin Seeks Membership in Libra Association
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Taiwanese digital currency trading platform Maicoin has entered talks with social media giant Facebook (NASDAQ:FB) regarding its possible membership in the Libra Association.

As local English language media outlet Taipei Times reported on Aug. 21, Maicoin is seeking to participate in the Switzerland-based Libra Association that works on the development of Facebook’s long-awaited stablecoin Libra. Specifically, the company is looking to operate a node on the blockchain-based network, which would validate and record transactions on the shared ledger.

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