South American Online Marketplace Working With Facebook on Crypto Project
South American online marketplace Mercado Libre is working with Facebook on the social network’s Libra cryptocurrency project, Cointelegraph Brazil reports on June 14.
A MercadoLibre executive told Cointelegraph Brazil that the purported cryptocurrency will be integrated into the e-commerce platform as a form of payment. While the anonymous executive confirmed the partnership, further details were not forthcoming.
The executive stated that it was likely the company would operate as a node in Facebook’s purportedly forthcoming blockchain network.