Facebook’s Blockchain Head Leaves Board of Coinbase, Calls Move “Appropriate”

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Facebook’s Blockchain Head Leaves Board of Coinbase, Calls Move “Appropriate”

Postby kreslik.news » Sat Aug 11, 2018 8:31 am


The executive in charge of blockchain research at Facebook, David Marcus, has resigned from his position on the board of a major cryptocurrency exchange in order to avoid a conflict of interest.

At a time when the trend is people leaving their jobs to find employment in the cryptocurrency industry, this move seems to go against the grain. However, it can be interpreted as confirmation that Facebook is serious about its cryptocurrency-oriented plans.

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Said Marcus in his announcement: “Because of the new group I’m setting up at Facebook around Blockchain, I’ve decided it was appropriate ... (read more)

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