Informed: Facebook has been negotiating with Coinbase and Gemini about its upcoming encryption products

According to the British "Financial Times" report, two people familiar with the matter said that Facebook has also been negotiating with Coinbase and Gemini exchanges, hoping to provide its users with a third-party, regulated platform to store and exchange assets. According to sources, the company has also been discussing market creation and liquidity issues with Chicago's major high-frequency trading companies, Jump and DRW. According to the early reports of Scallions, Facebook plans to launch GlobalCoin cryptocurrency in 2020.