Tag Archives: GlobalCoin

GlobalCoin: Facebook in Discussions with CFTC but Uncertainties Continue

Some weeks back, Facebook indicated that it was launching a cryptocurrency payment service called Project Libra. The company has had a series of talks with various e-commerce companies as well as financial firms seeking support for the payment service. The latest discussions involve the US Commodity and Futures Trading Commission regarding Facebook’s stable coin initiative: GlobalCoin. CFTC Indicates Interest The Financial ...

Read More »

Even if Facebook Launches GlobalCoin, It’s Going to Struggle: This is Why

While not official, it looks like we’re going to see Facebook’s GlobalCoin sometime soon. And yet, if this rollout does happen, new research has indicated that the Facebook cryptocurrency will struggle to gain traction. Here’s why. Facebook’s GlobalCoin Hits Roadblock The most recent piece of news about Facebook’s GlobalCoin came out last week, on May 24. It was at this time ...

Read More »

Facebook Globalcoin: Bitcoin Killer or Bitcoin Multiplier?

It may sound like a 2014-era shitcoin, but Globalcoin is this year’s most anticipated new digital asset. It doesn’t matter that it’s not decentralized, not permissionless, and not even crypto. The only question that really matters is what does Facebook’s currency spell for bitcoin? Will it steal its thunder or accelerate bitcoin adoption? Also read: Traders Are Now Banned From ...

Read More »

Facebook to Roll Out GlobalCoin Cryptocurrency in 2020 Report

Social media giant Facebook is set to roll out its own cryptocurrency internally called ‘GlobalCoin’ in 2020, according to a report from the BBC. CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

Read More »

Is Facebook Launching its GlobalCoin Cryptocurrency Next Year? BBC Says Yes

There’s been a lot of information circulating that Facebook is moving into the crypto market. And while some of this information is outright false, other bits are true — at least, that’s what the sources say. Take today, for example. On Friday, BBC said Facebook (NASDAQ:FB) is going to roll out GlobalCoin next year in several countries. Here’s everything we ...

Read More »

Facebook in Talks With Coinbase, Winklevoss’ Gemini to Launch Its Globalcoin: FT Report

Facebook has reportedly held talks with major exchanges including Coinbase and the Winklewoss’ Gemini to issue its Globalcoin Cointelegraph.com News

Read More »

Facebook to Roll Out GlobalCoin Cryptocurrency in 2020, Report Says

Social media giant Facebook is set to roll out its own cryptocurrency internally called ‘GlobalCoin’ in 2020, according to a report from BBC. CryptScout #BitFeed RSS – Bitcoin and Cryptocurrency News 24/7

Read More »