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Social networking platform Facebook is planning to introduce its own cryptocurrency next year, reported BBC. Dubbed GlobalCoin, the new offering is expected to be made available in around 12 countries by the first quarter of 2020 following a trial later this year.

Social networking platform Facebook is planning to introduce its own cryptocurrency next year, reported BBC. Dubbed GlobalCoin, the new offering is expected to be made available in around 12 countries by the first quarter of 2020 following a trial later this year.

Elon Musk said in his last interview that he has not given advice to people to invest in cryptocurrencies until now.

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The new currency is linked to its cryptocurrency, which will serve as the country's international unit of account, as well as the benchmark for domestic wages and pricing of goods and services. A coin worth $60/3600 sovereign Bolivar. In addition, the domestic minimum wage will be

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