Facebook in talks with US derivatives regulator over digital currency plans: Report

Facebook in talks with US derivatives regulator over digital currency plans: Report

Facebook in talks with US derivatives regulator over digital currency plans: Report

Comments Off on Facebook in talks with US derivatives regulator over digital currency plans: Report

Representative Image

Facebook Inc is in talks with the U.S. derivatives regulator, the Commodity Futures Trading Commission (CFTC), over the social media company’s plans for a digital currency, the Financial Times reported on Sunday.

The regulator is in the early stages of talks with Facebook in an effort to understand whether the company’s plans for digital coin would fall under the CFTC’s scope, the FT reported, citing Christopher Giancarlo, the head of the CFTC.

In May, Facebook set up a financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing.

Facebook declined to comment on the FT report.

[“source=moneycontrol”]

Lili

Related Posts

Facebook And WhatsApp Break Cover With Bitcoin Rival Plans

Comments Off on Facebook And WhatsApp Break Cover With Bitcoin Rival Plans

How to Enable Facebook Messenger’s Secret Dark Mode on Android

Comments Off on How to Enable Facebook Messenger’s Secret Dark Mode on Android

Instagram founders say selling to Facebook didn’t reduce competition among social networks

Comments Off on Instagram founders say selling to Facebook didn’t reduce competition among social networks

Poor ecosystem holding back Indian entrepreneurs, says Facebook

Comments Off on Poor ecosystem holding back Indian entrepreneurs, says Facebook

Facebook removed 2.2 billion fake accounts in first quarter

Comments Off on Facebook removed 2.2 billion fake accounts in first quarter

Facebook is turning its fact-checking partners loose on Instagram

Comments Off on Facebook is turning its fact-checking partners loose on Instagram

3 Reasons Not To Break Up Facebook

Comments Off on 3 Reasons Not To Break Up Facebook

Facebook: Too Big To Fine

Comments Off on Facebook: Too Big To Fine

Ukrainian hackers used quizzes to leak over 60K Facebook users’ data

Comments Off on Ukrainian hackers used quizzes to leak over 60K Facebook users’ data

10 Year Challenge on Facebook, Instagram and Twitter is as dumb as it sounds

Comments Off on 10 Year Challenge on Facebook, Instagram and Twitter is as dumb as it sounds

Why This Could Be The End Of Facebook Live

Comments Off on Why This Could Be The End Of Facebook Live

Facebook still has a big problem with cybercrime groups

Comments Off on Facebook still has a big problem with cybercrime groups

Create Account



Log In Your Account