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Friday, 24 May 2019

Facebook plans to launch 'GlobalCoin' cryptocurrency in 2020

Mark Zuckerberg met governor of Bank of England last month to discuss decision

Facebook is planning to launch its own cryptocurrency in early 2020, allowing users to make digital payments in a dozen countries.

The currency, dubbed GlobalCoin, would enable Facebook’s 2.4 billion monthly users to change dollars and other international currencies into its digital coins, which could then be used to make payments or transfer money without needing a bank account.

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from The Guardian http://bit.ly/2Qn0JLn

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