Facebook no longer among Glassdoor’s top 10 workplaces in 2020
Facebook Inc dropped to the 23rd spot in Glassdoor’s list of “Best Places to Work” in 2020 from the seventh it secured last year, amid heightened regulatory scrutiny of the…
‘Big Tech’ companies could be forced to share data on financial services customers – FSB
Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. As Facebook’s…
China’s digital currency not seeking ‘full control’ of individuals’ details – central bank official
Chinese Central Bank chief, Yi Gang China’s proposed digitized domestic currency is not a bid to gain full control of information belonging to the general public, a senior central…
Facebook’s Libra could come under some existing rules – Watchdog
Existing securities rules could apply to “stable coin” digital currency initiatives such as Facebook’s Libra project to help realise its benefits, global securities watchdog IOSCO said on Monday as policymakers…
Facebook executive confident Libra will win enough financial backers
Facebook Inc, whose digital currency project Libra has been abandoned by several high-profile partners including PayPal, Visa and Mastercard, still expects to get 100 banks and financial firms on board…
EU to regulate crypto currencies such as Facebook’s Libra -Dombrovskis
The nominee to become the European Union’s next finance commissioner pledged on Tuesday to propose new rules to regulate crypto currencies such as Facebook’s Libra. “Europe needs a common approach…
Libra crypto currency not out to replace existing money – project head
The Facebook-conceived Libra crypto currency, to be launched by a Geneva-based association next year, is not intended to replace existing currencies, Libra Association Managing Director Bertrand Perez said on Friday….
ECB’s Villeroy tells Facebook that Libra faces tough scrutiny
European Central Bank board member Francois Villeroy de Galhau said on Tuesday that “stablecoins” like Facebook’s Libra highlight gaps in rules and the media giant’s project faced a tough regulatory…
Global regulators to question Facebook’s Libra amid EU concerns – Paper
Global regulators will question Facebook on Monday about its Libra crypto currency, amid concerns from European Union governments over the threat the digital currency poses to financial stability, the Financial…