Former Swiss President and new board member of CV VC talks the unique attitudes towards law that make Switzerland a hub for crypto.
Facebook is a company that owns one of the largest social networks with the same name. It was founded in 2004 by Mark Zuckerberg and his roommates during their studies at Harvard University. Initially, it was made as a website internal to the university, which then spread all around the world.
The company has expressed interest in investigating the uses of blockchain technology for Facebook Messenger by launching a new team for this task. However, in the beginning of 2018, it was announced that all advertisements related to cryptocurrency or any other suspicious financial product would be banned on the site in order to provide better security for Facebook users. In addition to this, the absence of legislation concerning the use of cryptocurrency deters Facebook from considering involving it in their payment system.
Former Facebook Vice President and Deputy General Counsel Paul Grewal will lead crypto exchange Coinbase’s legal team.3108
Blockchain tech has not yet reached its full potential for use in the marketing and advertising industries, but it definitely will in the near future.4592
Despite Brazilian regulators lifting a suspension on WhatsApp’s payments, the country’s central bank is still blocking the launch.3130
Crypto has been left out of the advertising industry, but blockchain technology may be its ticket back in to innovate and change the space.9158
Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp.7209
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19.7325
WhatsApp’s payment features have been suspended in Brazil less than one month after the Facebook-owned app rolled them out.6229
The US’s top legal authority is looking to dismantle online protections for content publishers following Trump’s spat with Twitter weeks ago.4640
Telegram founder Pavel Durov admonishes Facebook and Instagram for generating ad revenue from scams that are being promoted from his name.3104
The father of the JOBS Act would be happy to help Telegram with an IPO if the company chooses to revert to a traditional fundraising model.2916
WhatsApp has announced instant in-app fiat payments for over 120 million users in Brazil.9276
Telos has launched a partnership to deploy its blockchain to secure food assistance programs in the United States.4698
Facebook’s ads business will get a bump due to Libra integration, Zuckerberg said at a shareholders meeting.10920
Facebook continues sprucing up for regulators.6427