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.

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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.