{"id":571318,"date":"2022-05-18T14:21:44","date_gmt":"2022-05-18T13:21:44","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=571318"},"modified":"2022-05-20T10:20:53","modified_gmt":"2022-05-20T09:20:53","slug":"meta-zuckerberg-crypto-exchange","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/meta-zuckerberg-crypto-exchange\/","title":{"rendered":"Mark Zuckerberg&#8217;s Meta Files 5 Trademark Applications For Possible Crypto Exchange &#8211; Meta Pay"},"content":{"rendered":"\n<ul><li>Facebook\u2019s parent company could launch a digital asset exchange<\/li><\/ul>\n\n\n\n<ul><li>Meta submitted trademark applications for a platform dubbed \u201cMeta Pay\u201d<\/li><\/ul>\n\n\n\n<ul><li>The exchange might feature fiat on-ramp functionality<\/li><\/ul>\n\n\n\n<ul><li>CEO <a href=\"https:\/\/t.co\/gwCW0CiR3M\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/t.co\/gwCW0CiR3M\" rel=\"noreferrer noopener nofollow\">Mark Zuckerberg<\/a> also confirmed that NFTs are coming to Facebook and Instagram<\/li><\/ul>\n\n\n\n<p>Meta, the tech company behind social media giants Facebook and Instagram, <a href=\"https:\/\/tmsearch.uspto.gov\/bin\/showfield?f=toc&amp;state=4805%3Akuta3v.1.1&amp;p_search=searchss&amp;p_L=50&amp;BackReference=&amp;p_plural=yes&amp;p_s_PARA1=&amp;p_tagrepl%7E%3A=PARA1%24LD&amp;expr=PARA1+AND+PARA2&amp;p_s_PARA2=meta+pay&amp;p_tagrepl%7E%3A=PARA2%24COMB&amp;p_op_ALL=AND&amp;a_default=search&amp;a_search=Submit+Query&amp;a_search=Submit+Query\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/tmsearch.uspto.gov\/bin\/showfield?f=toc&amp;state=4805%3Akuta3v.1.1&amp;p_search=searchss&amp;p_L=50&amp;BackReference=&amp;p_plural=yes&amp;p_s_PARA1=&amp;p_tagrepl%7E%3A=PARA1%24LD&amp;expr=PARA1+AND+PARA2&amp;p_s_PARA2=meta+pay&amp;p_tagrepl%7E%3A=PARA2%24COMB&amp;p_op_ALL=AND&amp;a_default=search&amp;a_search=Submit+Query&amp;a_search=Submit+Query\" rel=\"noreferrer noopener nofollow\">filed<\/a> trademark applications that suggest the company could be developing its own cryptocurrency trading platform.&nbsp;<\/p>\n\n\n\n<p>According to tweets from veteran trademark lawyer <a href=\"https:\/\/www.gerbenlaw.com\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.gerbenlaw.com\/\" rel=\"noreferrer noopener nofollow\">Josh Gerben<\/a>, Mark Zuckerberg\u2019s firm submitted five applications in the US for the so-called \u201cMeta Pay\u201d service. <\/p>\n\n\n\n<p>Included in the fillings are details regarding a platform that offers trading facilities for digital assets and blockchain-powered tokens. The service could also venture into investment management and virtual asset lending.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"und\" dir=\"ltr\"><a href=\"https:\/\/t.co\/qcQ3PEPqwg\" rel=\"nofollow\">https:\/\/t.co\/qcQ3PEPqwg<\/a><\/p>&mdash; db (@tier10k) <a href=\"https:\/\/twitter.com\/tier10k\/status\/1526900743344640001?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">May 18, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>As of press time, the tech heavyweight has not confirmed or denied the development although the company did lock down a domain name for the platform back in 2021 for a massive $60 million.<\/p>\n\n\n\n<h2>Meta Jumps Into NFTs and Web3&nbsp;<\/h2>\n\n\n\n<p>Facebook and Instagram will unveil support for NFTs per comments from CEO Mark Zuckerberg. The billionaire confirmed that testing functionality for digital collectibles was underway as of last week, as reported by <a href=\"https:\/\/en.ethereumworldnews.com\/meta-ceo-mark-zuckerberg-confirms-nfts-are-coming-to-instagram-and-facebook\/\" data-type=\"URL\" data-id=\"https:\/\/en.ethereumworldnews.com\/meta-ceo-mark-zuckerberg-confirms-nfts-are-coming-to-instagram-and-facebook\/\" target=\"_blank\" rel=\"noreferrer noopener\">EWN<\/a>.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Meta?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#Meta<\/a> CEO Mark Zuckerberg Confirms NFTs Are Coming To Instagram and Facebook <a href=\"https:\/\/t.co\/rkLzgpVtnf\" rel=\"nofollow\">https:\/\/t.co\/rkLzgpVtnf<\/a><\/p>&mdash; Ethereum World News &#8211; EWN (@EtherWorldNews) <a href=\"https:\/\/twitter.com\/EtherWorldNews\/status\/1523701614200037377?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">May 9, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Some users also said that Instagram rolled out partial access to the feature for a select group of creators.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-604x1024.jpg\" alt=\"\" class=\"wp-image-571319\" width=\"604\" height=\"1024\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-604x1024.jpg 604w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-177x300.jpg 177w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-770x1304.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-907x1536.jpg 907w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-269x456.jpg 269w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-746x1264.jpg 746w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS.jpg 1170w\" sizes=\"(max-width: 604px) 100vw, 604px\" title=\"\"><figcaption>NFTs on Instagram (Source: justmaiko)<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img width=\"561\" height=\"1024\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-561x1024.jpg\" alt=\"\" class=\"wp-image-571320\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-561x1024.jpg 561w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-164x300.jpg 164w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-770x1405.jpg 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-842x1536.jpg 842w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-1122x2048.jpg 1122w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-269x491.jpg 269w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1-746x1361.jpg 746w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/Image-from-iOS-1.jpg 1170w\" sizes=\"(max-width: 561px) 100vw, 561px\" title=\"\"><figcaption>NFTs on Instagram (Source: justmaiko)<\/figcaption><\/figure>\n\n\n\n<p>This is not the first time Facebook (now Meta) has forayed into the blockchain space. The company previously supported and reportedly aided in developing Libra\/Diem, a stablecoin token. <\/p>\n\n\n\n<p>However, the company closed the curtains on the idea amid mounting pressure from regulators from multiple jurisdictions and instead opted to sell the project to Silvergate Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Meta exchange could onboard over 3 billion monthly users across Facebook and Instagram.<\/p>\n","protected":false},"author":55,"featured_media":571321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[2014,1032,6657],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/571318"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=571318"}],"version-history":[{"count":9,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/571318\/revisions"}],"predecessor-version":[{"id":571398,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/571318\/revisions\/571398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/571321"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=571318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=571318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=571318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}