Facebook plans to launch 'GlobalCoin' cryptocurrency in 2020
by Mark Sweney from Technology | The Guardian on (#4FS80)
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. The coins could then be used to buy things on the internet and in shops and other outlets, or to transfer money without needing a bank account.
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