0
Broadband

Austrian, German financial regulators support introduction of rules to govern Facebook's Libra

Thursday 27 June 2019 | 09:16 CET | News
The Austrian financial supervisory authority (FMA) and the German financial supervisory authority (Bafin) support the introduction of regulations for use of Facebook's currency Libra, Der Standard reports. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Facebook
Countries: Austria / Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vienna court rules Facebook can use data without explicit consent of users

Published 04 Jan 2021 09:35 CET | Austria
The Higher Regional Court in Vienna has ruled that Facebook does not need to obtain the explicit consent of its users to use ...

Vodafone Group pulls out of Facebook's Libra, to concentrate on M-Pesa

Published 22 Jan 2020 10:00 CET | World
Facebook's Libra Association has lost another member, Coindesk reported. The Vodafone Group has pulled out, saying it wants to ...

Facebook's Libra Association names board of directors, staff

Published 15 Oct 2019 10:17 CET | World
Facebook's Libra Association said members have signed the Libra charter and has appointed a board of directors, namely Matthew ...

Facebook's Libra Project loses Visa, Mastercard, Stripe, Mercado Pago, eBay

Published 14 Oct 2019 09:16 CET | World | Update: 14 Oct 2019 10:01 CET
"Visa has decided not to join the Libra Association at this time," the company said in a statement. "We will continue to evaluate ...

PayPal absent from Facebook Libra cryptocurrency meeting - report

Published 06 Oct 2019 20:11 CET | World
The founding members of the Libra Association, partners that support Facebook's own currency plans based on blockchain, all met ...

EU anti-trust officials examining Facebook digital currency plans - report

Published 21 Aug 2019 11:43 CET | Europe
European anti-trust officials are investigating Facebook's Libra digital currency plans for potential anti-competitive behaviour, ...

Facebook plans own mobile money wallet based on new Libra currency

Published 18 Jun 2019 11:29 CET | World
Facebook has released more details of its planned currency Libra. The first product will be a digital wallet designed to make it ...

Facebook's cryptocurrency backed by PayPal, Visa, Mastercard, Uber - report

Published 14 Jun 2019 14:17 CET | World
Facebook has secured major industry backing for its forthcoming cryptocurrency project, according to unnamed sources cited by the ...

German financial regulator puts N26 under scrutiny

Published 10 Apr 2019 10:27 CET | Germany
Germany-based mobile-only bank N26 has been under the scrutiny of the German Financial Supervisory Authority (Bafin), ...

German regulator wants uniform rules for telecoms, messaging services

Published 05 Jul 2018 16:49 CET | Germany
Germany's national telecoms regulator, the Federal Network Agency (BNetzA), has spoken out in favour of placing providers of ...





Calendar   /   Industry Events

05 Mar Vonage Investor Day
08 Mar Smith Micro Q4 2020
10 Mar MTN FY results
10 Mar Verizon Investor Day
11 Mar Gogo Q4 2020
11 Mar Technicolor FY results
11 Mar T-Mobile US analysts day
12 Mar RTL Group Q4 2020
12 Mar Mobilezone Q4 2020
12 Mar AT&T analysts day
::: More Calendar Items