Facebook reportedly aims to release its GlobalCoin cryptocurrency in 2020 under its “Project Libra” scheme. The news follows on from information that Mark Zuckerberg had met with the Bank of England’s governor Mark Carney in April to discuss the risks involved with launching a cryptocurrency.
The social media platform is aiming to test its GlobalCoin system by the end of 2019 and expects to roll out its digital payments system in approximately 12 countries worldwide by Q1 2020. Facebook has reportedly sought input from the US Treasury in regards...