Facebook hires Coinbase employees amid continued speculation on its crypto ambitions

Facebook hired two Coinbase employees this month, adding both Jeff Cartwright and Mikheil Moucharrafie to its compliance team, according to both Cartwright’s and Moucharrafie’s LinkedIn profiles.

The hires add to the intrigue surrounding Facebook’s Blockchain efforts, with mounting speculation on the social media giant’s crypto project, Libra. Evidence suggests Facebook has acquired a trademark for the name, and that the project includes the development of a stablecoin.

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