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Fresh Off the Block: Meta reportedly introducing 'Zuck Bucks' and more

Khairani Afifi Noordin
Khairani Afifi Noordin4/11/2022 09:52 AM GMT+08  • 2 min read
Fresh Off the Block: Meta reportedly introducing 'Zuck Bucks' and more
Mark Zuckerberg at FCS 2019
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Meta Platforms, which had recently filed trademark applications relating to blockchain and cryptocurrency services, is planning to introduce digital asset tokens dubbed “Zuck Bucks”.

According to the Financial Times, Meta is looking to explore in-app tokens that would be centrally controlled by the company. This is similar to tokens used in video games, such as Roblox’s in-game currency Robux.

Meanwhile, the European Union has prohibited the provision of ‘high-value crypto-asset services’ to Russia, as part of the fifth package of sanctions imposed in response to the war in the Black Sea region.

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