BBC: Facebook Planning to Launch ‘GlobalCoin’ in Q1 2020

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Social networking giant Facebook is planning to launch its own cryptocurrency (internally dubbed “GlobalCoin”) and crypto-powered global payments network (internally called “Project Libra”) worldwide by Q1 2020, according to a report published earlier today by BBC News, the world’s largest broadcast news organization.

“At a private dinner Facebook hosted during a recent crypto conference, one attendee told Cheddar that Facebook employees pitched the idea of creating a decentralized digital currency for the social network’s 2 billion users.”

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