Rumors relating to the intention of Facebook to launch your own cryptocurrency. Entries always followed with extreme interest by many players in the sector, due to the repercussions that such a fact could have on the future destiny of digital assets.
The rumors had returned to shaking the markets again in February of this year, when the founder of the famous social media, Mark Zuckerberg, he had published on his profile a video containing an interview by Jonathan ZittrainLaw professor at Harvard, where there was also a widespread talk about Blockchain and virtual coins. In particular, during that interview, Zuckerberg had confirmed his serious intention to use all the potential of Blockchain technology on Facebook, in order to allow users of social media to access a series of services through their own credentials, without therefore having to disclose them to third-party tools, an event unwelcome to many people, especially after the fact of Cambridge Analytica.
Now the rumors are destined to get stronger and stronger, after the publication of a article to about on the BBC information portal, which caused a great sensation.
GlobalCoin: will the debut take place in 2020?
The BBC article states first that within the company a name has already been given to the cryptocurrency, that is GlobalCoin and that tests have already been scheduled regarding the virtual currency, which will begin later this year. However, it remains to be seen whether this will be the actual name by which Facebook's virtual creation will see the light or if instead it is destined to change from here to its debut, planned for the 2020.
The article also states that Mark Zuckerberg would hold a meeting with the director of the Bank of England Mark Carney, aimed in particular at discussing the opportunities and risks associated with the launch of a new digital currency, in view of which the company also sought advice from the United States Treasury. A collaboration that would have the main purpose of paving the way for the new virtual currency regarding management and regulatory issues, with particular attention to everything related to issues such as those related to identity identification and possible money laundering. The concern regarding the most controversial aspects related to cryptocurrency, the same that have attracted to Bitcoin and other fierce virtual uniforms accusations from the traditional financial world, for example by Davide Serra, the founder of Algebris, who had not hesitated to define Bitcoin as one real laundry of illicit capital.
Negotiations with Visa and Mastercard
Also according to the BBC i Facebook leaders would be in discussion with Western Union, the famous payment service provider, which would be entrusted with the task of enabling money transfers making them not only faster, but also cheaper, characteristics which would be made possible precisely by avoiding direct access to banks.
In this regard, it should be remembered how sources close to the company had already disclosed how Facebook had started negotiations with Visa and MasterCard, with the specific intention of obtaining a loan of a billion dollars which would have served to develop its own cryptocurrency.
The BBC article, therefore, sounds like yet another confirmation of what has already been known for some time and what had already leaked at the end of last year, when the markets had been made to noise by the first rumors relating to the work carried out. from Facebook for the next launch of a digital currency destined to serve the WhatsApp messaging service. Voices reinforced in February not only by Zuckerberg's move, but also by the news that the cryptocurrency in question would have been a stablecoin anchored to the value of traditional money.
