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2020 Is Set to Be a Big Year for Facebook's Cryptocurrency and Messaging Efforts

Eric Jhonsa

much-reported plans to launch a cryptocurrency that could be used on its platforms and elsewhere. The BBC reports Facebook wants to launch its cryptocurrency, which the company internally refers to as GlobalCoin, in 12 countries by Q1 of 2020. Separately, The Financial Times reports that Facebook has talked with major financial trading firms and cryptocurrency exchanges about supporting GlobalCoin.