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Tag: Facebook

Brazil’s central bank halts WhatsApp’s payment rollout

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.

Regulus Cyber raises $4m to boost sales and development efforts

Cybersecurity firm Regulus Cyber has netted $4m as part of a future Series B round led by SPDG Ventures, the holding company of the Périer-D'Ieteren family, owners of Belgium's largest automotive business.

European Central Bank warns that cryptocurrencies like Libra could pose a...

It seems as if the Libra Association has ramped up its efforts to get Libra off the launchpad. However, now the European Central Bank has published a research paper warning that stablecoins like Libra could badly impact the markets.

The Libra Association has kickstarted the licensing process with Swiss FINMA

After months of speculation, governmental hearings and partners abandoning the project, it seems as if the Facebook-led cryptocurrency Libra has taken a big step towards being recognised by regulators.

Face-scanning company Clearview AI sued for scraping public pictures from social...

Lawyers have filed a class-action lawsuit against Clearview AI for scraping public pictures to create its facial recognition software.

Group of central banks investigating whether the time is right to...

With everyone from Facebook to singer Akon launching cryptocurrencies, it is hardly surprising that central banks are also looking into leveraging the technology.

Libra faces another setback as EU’s finance ministers take hard line...

Libra has faced pushback from lawmakers across the world ever since Facebook announced the cryptocurrency project this summer.

The US congress is gearing up to vote on new cryptocurrency...

The House of Representatives is looking to vote on legislation about how the Commodity Futures Trading Commission (CFTC) should regulate crypto assets.

Germany’s banks lash out against Libra whilst pushing for a digital...

Could a digital euro be a better alternative to Libra? A leading group of German banks thinks so.

Facebook is accused of discriminating against female financial services consumers

Mark Zuckerberg’s legal woes do not seem limited to getting regulators to approve of Libra, but now Facebook is facing accusations of discriminating against women and old consumers.

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