Facebook has been interested in cryptocurrency since quite some time. There have been rumours that
it is working on its own virtual money. This news has been confirmed. According
to reports, the social media giant is planning to release its digital currency
in 2020. It will be called GlobalCoin.
Mark Zuckerberg has recently met with the governor of the Bank of England to
discuss how a Facebook version of cryptocurrency would work. Since the
firm has an enormous user base, GlobalCoin
might even surpass Bitcoin in terms of popularity.
Facebook
is launching GlobalCoin in 2020
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