Quote from: bounty.cvn on May 25, 2019, 04:21:01 PM

Social networking giant Facebook will release its own electronic money called "GlobalCoin" in 2020, news from the BBC.

The news agency said on Friday that Facebook will plan to issue an electronic-based payment system in many countries before the first quarter of 2020 and is planning to test it before the end of the year.
More information about Facebook's e-money plan will be revealed in the coming month. They also added that Facebook is looking for advisors from the US Treasury Department and leaders from British bank Mark Carney about opportunities as well as legal issues for the discovery, the project is given is called "Project Libra"

This news comes at a time when reports suggest that Facebook is having talks with payment companies including Western Union, Visa and Mastercard to be able to support and financially support the electricity currency. They were pegged for their legal fees. The e-currency development project is expected to help billions of Facebook users can transfer money as well as make online purchases.

On May 2, Facebook registered to set up a new "Libra Networks" company in Geneva (Switzerland), which will enable them to "provide financial and technology services as well as hardware development simultaneously." is the software attached. " Last month, it was reported that Facebook could mobilize $ 1 billion to deploy this stablecoin project.
What do you think about this. Let's discuss the future of Facebook coin and social disturbance

Is this comes from an article? if so please edit it and post the link it or quote where you copied, you might get ban for copy-pasting, going back to your post, if they are going to use $1 billion for this project, this is one of the costliest cryptocurrency projects, and will give all the top coins a tough fight in the position.