Facebook’s ‘GlobalCoin’ cryptocurrency to launch in 2020, report claims

Facebook plans to launch its cryptocurrency by the first quarter of next year, reports BBC News. The company is expected to reveal more details about the currency this summer before testing begins later in 2019. The currency, which is being referred to internally as “GlobalCoin,” will reportedly be available in around a dozen countries at launch, where it’s expected to offer people affordable and secure payments without the need for a bank account.

Source: https://www.theverge.com/2019/5/24/18638331/facebook-crytocurrency-globalcoin-2020-launch-uk-bank-of-england-blockchain

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