RATE Group | Facebook’s cryptocurrency head leaves Coinbase board in sign blockchain efforts ramping …
38417
post-template-default,single,single-post,postid-38417,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Facebook’s cryptocurrency head leaves Coinbase board in sign blockchain efforts ramping …

11 Aug Facebook’s cryptocurrency head leaves Coinbase board in sign blockchain efforts ramping …

Posted at 04:24h in Cryptocurrency News by

[ad_1]

Facebook appears to be pushing forward with its blockchain plans, after the head of its cryptocurrency team revealed he was leaving his role at Coinbase to focus on the social network’s strategy.

David Marcus said it was “appropriate” for him to resign from his role on the board of the cryptocurrency exchange “because of the new group I’m setting up at Facebook around blockchain”. 

According to CoinDesk, which first reported the news on Friday, a spokesman for Facebook had said Mr Marcus made the decision to step down from the board to avoid the appearance of a conflict of interest.

Mr Marcus had only joined Coinbase’s board last December, taking on the role prior to Facebook’s management reshuffle…

[ad_2]

Source link

Tags:
, , , , , , , ,