Germany against allowing Facebook's Libra in Europe: Der Spiegel

BERLIN (Reuters) – The German government is against giving regulatory approval for Facebook’s Libra digital currency in the European Union, Der Spiegel magazine reported on Friday, citing a member of Chancellor Angela Merkel’s conservatives. “As soon as an issuer of a digital currency dominates the market it becomes difficult for competitors,” conservative lawmaker Thomas Heilmann told Spiegel, adding that the […]

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Swiss-based Libra will have to meet tough U.S. standards-U.S. Treasury

BERN (Reuters) – The Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing if it is to get off the ground, a senior U.S. Treasury official said on Tuesday. Any cryptocurrency project, including Geneva-based Libra, operating in all or substantial parts of the United States will clearly have to satisfy U.S. regulatory standards, […]

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Russia says Facebook, Google had political ads on country’s election day

MOSCOW – Russian state communications watchdog Roskomnadzor said tech giants Google and Facebook had allowed political advertising during Sunday’s regional elections despite being asked to ban such publicity. “Such actions can be seen as interference in Russia’s sovereign affairs and hindering the conduct of democratic elections in the Russian Federation”, the watchdog said on its website. Reuters was not able […]

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Facebook tightens rules for political ads ahead of 2020

Facebook is tightening its political ad rules in the US, it said on Wednesday, requiring new disclosures for its site and photo-sharing platform Instagram ahead of the US presidential election in November 2020. The social media giant is introducing a “confirmed organization” label for US political advertisers who show government-issued credentials to demonstrate their legitimacy. All advertisers running ads on […]

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Taylor Swift’s Dad Reportedly Deletes Facebook Account After Fans Accuse Him Of Posting Right-Leaning Me

It can be frustrating when a relative doesn’t stop posting right-wing memes on his Facebook page — especially when you’re about to release your very first woke album! That’s the conundrum Taylor Swift found herself in this week when fans noticed her father, Scott Swift, allegedly had a habit of sharing images on his account targeting Democratic presidential hopeful Elizabeth […]

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