Facebook buys into the cryptocurrency buzz – report

Reports suggest Facebook is in the process of developing its own cryptocurrency, with plans to launch in as many as a dozen countries as early as Q1 2020.
According to the BBC, not only has the product been given a name, GlobalCoin, but CEO Mark Zuckerberg has met with Bank of England Governor Mark Carney. The cryptocurrency could be unveiled to the world by the end of the year, with plans to kick off operations during the first quarter of 2020.
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