Forex and Crypto News

Facebook plans to launch its own coin in the first quarter of 2020

13:05 24 May /2019

Facebook intends to release the token in the first quarter of 2020. According to BBC, Facebook founder Mark Zuckerberg has already met with Mark Carney and discussed with him the prospects and risks of launching a new cryptocurrency.

In addition, Zuckerberg discussed the upcoming release of the token with representatives of the regulators from other countries, including the United States. Until the end of this year, the developers plan to test the payment network with the GlobalCoin coin, a modified version of FB Coin.

Citizens of about ten countries will be able to use this digital coin. The company also held talks with the payment operator Western Union, during which the parties studied the options for launching a system of fast and cheap money transfers.

It is worth noting that Facebook is currently looking for investors for its cryptocurrency project. The funds are necessary for the financial support of the token. In Geneva Facebook even has registered a new company called Libra Network. Through it, the social giant intends not only to attract investors but also to negotiate with potential partners of a new cryptocurrency project.

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ICO projects sold 400,000 ETH during November

During November, ICO-projects sold 416K ETH. This is the largest figure since the summer, reports Trustnodes.

According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In Nov

12:01 17 December /2018