{"id":54910,"date":"2019-08-03T11:34:26","date_gmt":"2019-08-03T09:34:26","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=54910"},"modified":"2019-08-03T13:40:29","modified_gmt":"2019-08-03T11:40:29","slug":"walmart-taking-on-facebook-with-its-own-cryptocurrency-ambitions","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/walmart-taking-on-facebook-with-its-own-cryptocurrency-ambitions\/","title":{"rendered":"Walmart Taking On Facebook With Its Own Cryptocurrency Ambitions"},"content":{"rendered":"\n
When Facebook announced that it was delving into the cryptocurrency world with its own lofty ambitions everyone paid attention. US regulators were not impressed and it is likely any other influential corporation seeking to launch its own currency could be next. <\/p>\n\n\n\n
According to reports<\/a>\nUS retail giant Walmart has filed patents for its own dollar backed stable\ncoin, similar to Facebook\u2019s Libra. However, the road ahead will not be an easy\none and the firm is likely to face similar regulatory pressure and backlash\nthat has plagued Facebook in recent weeks.<\/p>\n\n\n\n