Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator

Lai Tran June 10, 2019 0 Comments

By CCN Markets: Facebook’s GlobalCoin cryptocurrency will likely pay interest to its users. That’s the prediction of Wyoming Blockchain regulator and crypto champion Caitlin Long. The social media company is gearing up to announce its much-hyped cryptocurrency this month, but very little is still known about the project, known internally as Project Libra. On Sunday, Long shared some predictions about how the cryptocurrency might work and how it will impact the crypto industry. “Facebook will pay interest to users of its cryptocurrency, which will eventually lead to populist calls to repeal subsidies at the heart of the US banking system” How

The post Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator appeared first on CCN Markets

Source: Bitcoin CNN