Current Affairs - International - Discussion

Discussion Forum : International - Latest Current Affairs (Q.No. 5187)

2019-05-23 International

5187.

Facebook Registers New Fintech Firm in __________.

Switzerland

Swedan

Norway

Germany

Answer: Option

Explanation:

Social media giant Facebook has apparently formed a new financial tech firm, Libra Networks LLC, in Geneva, Switzerland. Libra Networks was registered in Geneva by Facebook Global Holdings II LLC. Facebook registered the trademark "Libra" with the United States Patent and Trademark Office back in June, which was reportedly part of its secretive in-house crypto project.