By CCN: Facebook’s cryptocurrency ambitions could translate into reality as soon as next year. The BBC reports that the social media behemoth is on track to start testing its bitcoin rival – known internally as GlobalCoin – by the end of the year before its digital payments system comes online across 12 countries in the first quarter of 2020. Facebook is attempting to disrupt bitcoin It emerged last month that Facebook was looking for $1 billion in funding for Project Libra, its secretive cryptocurrency project. Facebook Coin Seeks $1 Billion in Funding; Is it Really the ‘Biggest Boon for Crypto
The post Facebook’s Shady Bitcoin Killer Crypto ‘GlobalCoin’ is Coming 2020 appeared first on CCN
source https://www.ccn.com/globalcoin-facebook-launch-shady-bitcoin-killer-2020
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