The approximate launch date of the Facebook cryptocurrency payment system is in the first quarter of 2020. Also, before the end of this year, the social network expects to start testing its cryptocurrency, inside the company called “GlobalCoin”.
It is expected that more information about Facebook's plans in this direction will appear in the summer. The BBC writes that the founder of Facebook mark Zuckerberg last month consulted with the Manager of the Bank of England mark Carney regarding the opportunities and risks of the launch of cryptocurrency.
In addition, the company has applied for operational and regulatory support to representatives of the us Treasury and is negotiating with money transfer services, including Western Union, to provide cheaper and faster payments for customers who do not have access to Bank accounts.
Seems we got big whale who will enter crypto world next year in the bull run :) Plus thats the main reason why facebook unlift the ban to crypto ads! Hope their coin will be not just stable one ( like usdt) but something with different value coin..
What do you think, will facebook coin be in top10 marketcap in 2020? or its another stablecoin without future?
I hope that Facebook will be less popular until 2020 and don't give a sh*t too much about FB... There are a lot of blockchain social networks and I hope they will take over...
The future is so exciting
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Facebook coin, do Facebook let anyone to mine it or pre-mine 100%.