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Taking a dig at Facebook, Tim Cook says no to Apple cryptocurrency

Nabanita Dutta
News Editor
Image Credit: shortpedia

Taking a dig at Facebook's plan to launch its digital currency Libra next year, Apple CEO Tim Cook recently said that Apple has no intention to create its own cryptocurrency. He said that he is not comfortable with the idea of a private company owning a competing currency as that is not the right way to seek power. The US lawmakers have recently said that Facebook's plan to launch the digital currency is dangerous and delusional.


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