Social media giant Facebook is planning to introduce its cryptocurrency soon, according to the latest reports. The company is planning to set up a digital payment system in about twelve countries at the beginning of the year 2020. The currency, referred to internally as Globalcoin, may be announced with a changed name by the end of this year when Facebook outlines its plans in more details. To reaffirm the reports, it is claimed the company has already completed the talks with the Bank of England about the risks and opportunities of a cryptocurrency. Facebook is seemingly also in talks with a few money transfer firms; to devise an affordable method for people without a bank account [...]