Facebook plans to launch 'GlobalCoin' currency in 2020

According to BBC news, social media giant Facebook will launch its own cryptocurrency "GlobalCoin" in 2020. Facebook is planning to launch a cryptocurrency payment system in the first quarter of 2020, which is expected to start testing by the end of this year. Facebook is also seeking advice from officials at the US Treasury and Bank of England Governor Mark Carney about the opportunity and regulatory issues of the initiative, which is internally called "Project Libra." The report said more details about the Facebook encryption program are expected to be announced in the coming months.
Global Gravitation Bitcoin Exchange is about to launch its platform coin GGC (Global Gravitation Coin).

I'm still wondering how Facebook coin will affect the market.

I am eagerly waiting for it to launch

@VladEx yea same here.. i guess people are saying its going to be a threat to ripple or bitcoin

It really make us curious.. how the facebook can launch their own coin? Is it really work or it is a flop idea...

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