After announcing earlier this week that it will raise the ban for cryptocurrency ads, Facebook is now again in the rumor mill with another subject that could be huge, if true: the decision to acquire crypto exchange Coinbase.
Actually, there are three main possible reasons for raising the ads ban earlier this week. First – crypto ads generate a lot of money for Facebook. Second – Facebook is planning on launching their own cryptocurrency. Third – they are also planning on buying Coinbase.
All of the above are possible, however remain speculations until official announcements will be made.
In my opinion, the possible Facebook-Coinbase transaction will be another huge step towards cryptocurrency mass-adoption and the overall change of the world economical ecosystem.