Meta to Wind Down NFT Support on Facebook, Instagram

Meta plans to end support for NFTs on Facebook and Instagram, less than a year after jumping on the digital asset bandwagon.

The move was announced Monday by Meta commerce and fintech lead Stephane Kasriel.

“Across the company, we’re looking closely at what we prioritize to increase our focus,” Kasriel wrote in a tweet. “We’re winding down digital collectibles (NFTs) for now to focus on other ways to support…

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