A Brazilian regulator has lifted a ban on WhatsApp payments. However, users still can’t process payments on WhatsApp due to outstanding central bank ban.
The system was not analyzed by monetary authorities in advance, and posed risks to the wider payment system in Brazil, central bank says.
Almost a year after Facebook’s Libra was first announced, the outlook for the stablecoin looks starkly different.
Google has refused to accept ads from CoinCorner exchange for years, but in a cruel twist, it has been promoting an ad for a clone of the British exchange.
The Libra project is looking to get things off the ground in a different way, applying for a financial license with the Swiss regulator.
Realizing that a basket of fiat currencies would never please anyone, Libra has now shifted to developing several stablecoins.
The Financial Stability Board published a list of recommendations in a bid to shape a common global response to regulating stablecoins.
A software developer created an app that allowed companies to circumvent Facebook’s controls against deceptive ads.
The billionaire businessman has sued Facebook in an Irish court for allowing his face to be used by scammers on its platform who published bogus crypto ads.