United States regulator the Commodity Futures Trading Commission (CFTC) is in talks with Facebook about its upcoming stablecoin launch, the Financial Times (FT) reported on June 2.
Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook is attempting to smooth out the regulatory landscape ahead of the asset, currently dubbed GlobalCoin, allegedly going live next year.
yes it is very good when Facebook also entering into this field it will be more comfortable and good trustable field to be continue for the people that so I think they also got the opportunity to play an important role while launching a new cryptocurrency.