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.