BBC: Facebook plans to launch GSM "GlobalCoin" in 2020 to build its own digital payment system

According to the BBC’s May 24 report, Facebook is finalizing its plan to launch its own cryptocurrency next year. It is expected that by the first quarter of 2020, the company will establish a digital payment system in about a dozen countries. Facebook hopes to start testing its own cryptocurrency by the end of this year, which is internally called GlobalCoin. For more information, please see Babbitt News: