The European Commission has asked Facebook and the Libra Association to respond to a series of questions on financial stability, money laundering and data privacy...
PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting last week in Washington, D.C. PayPal’s endorsement of...
Facebook’s proposed cryptocurrency Libra has had its fair share of scrutiny and regulatory issues, and now the Financial Times is reporting that PayPal is very...
Mark Cliffe, chief economist at Dutch financial service firm ING, said central banks around the globe will have “fully fledged” cryptocurrencies in a matter of...
The association meant to manage and handle the debut of Facebook’s proposed cryptocurrency Libra has been dealing with some setbacks involving its acceptance, especially from...
An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street...
EU regulators are investigating if Facebook’s planned cryptocurrency will harm competition. European Competition Commissioner Margrethe Vestager said the move was justified even though Libra hasn’t...
Belgian and German data protection regulators were notified by Mastercard of a possible data breach, Bloomberg reported on Friday (Aug. 23). The breach was first...
Democratic House Representatives Katie Porter and Nydia Velázquez have asked the Financial Stability Oversight Council (FSOC) to look into tighter oversight of Big Tech cloud...