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Facebook signs major partners for its cryptocurrency network and it still sounds terrible

Friday, June 14, 2019 by Piyush Suthar | Comments

Home News Tech Facebook signs major partners for its cryptocurrency network and it still sounds terrible

Facebook has begun assembling a who’s who of big tech companies to back its soon to be unveiled cryptocurrency, GlobalCoin. The likes of Mastercard, Visa, Uber, and PayPal are all backing the social media giant’s upcoming digital coin due to be unveiled later this month, and officially rolled out next year, reports The Wall St Journal. The Big F has already signed up more than a dozen companies. Each of these firms will invest a reported $10 million to help support GlobalCoin, and to be part of the coin‘s governing consortium called the Libra Association. Fintech firm Stripe, Booking.com, and…

This story continues at The Next Web

Or just read more coverage about: Facebook

Authored by Piyush Suthar
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