On Thursday, the New York Times reported that facebook Inc. FB + 0.79% and other internet companies are planning to launch their own digital currency within the next year. According to the newspaper, according to four persons, Facebook had talks with the exchange of the currency list.
The Times said that other companies seeking a possible digital currency are Cygnal and Bulger.
"The truth is, that this doesn't mean much of a revelation as some do," he wrote Matt Greenspan, chief market analyst at eToro. "Tell us the Times that the platform messaging services existing which includes a large base of users have a much easier way to implement the new payment systems than those that need to start from scratch."