Facebook's currency would be 'stablecoin', a digital unit pegged to the dollar in contrast to more anarchic means of virtual payment such as Bitcoin.
Facebook has been in contact with US and British financial regulators with a view to launching its own cryptocurrency next year, the BBC reported.
"GlobalCoin" would work with a new digital payments system in about a dozen countries, starting in the first quarter of 2020, the broadcaster said on its website.
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