The largest social network in the world Facebook will introduce white paper to its Global Coin cryptocurrency on June 18th. It is reported by TechCrunch , referring to the statement by the manager of the European branch of Facebook, made at the conference Money2020.

In addition to a company spokesperson, TechCrunch also received an application to publish certain news material from a member of the blockchain division of Facebook.

However, the company refused to officially comment on the information. However, Facebook does not give any comments on its cryptocurrency project, despite the abundance of information about it in the media.

In this regard, it is possible that the deadlines may be postponed due to unforeseen circumstances related to the possible intervention of regulators or problems with the project partners.

It is also noteworthy that Facebook immediately posted 28 vacancies related to the blockchain.

Facebook Blockchain, Tel Aviv, Tel Aviv, Washington DC and the Bay Area https://t.co/gIL5MAGQit pic.twitter.com/M8g9CA2WDV

– Mike Dudas (@mdudas) June 5, 2019

Recall that the media started talking about the launch of cryptocurrency from the world's leading social network at the beginning of the year, after Facebook had negotiated with several bitcoin exchanges about listing its own “stable coin”.

It later became known that the company acquired the Libra trademark for its secret cryptocurrency project, after which the US Senate Banking Committee requested information about it .

As the release of the Global Coin coin can affect the world, BlockchainJournal has a look at a separate article .

Follow BlockchainJournal on Twitter !