Facebook’s GlobalCoin ‘will bring blockchain adoption to the masses’

Facebook has released further details about its highly touted cryptocurrency. Oliver Woodhouse takes a look at this from a regulatory perspective.

Oliver Woodhouse agrees that this is an opportunity to introduce billions of people to innovate and an emerging technology that has the potential to revolutionise the payment and remittance market; particularly in “unbanked” areas of the world, where individuals may not be able to open a bank account, but otherwise have internet access and a social media account.

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