Europe
Facebook Libra Brings 'Risks and Opportunities': Swiss Watchdog Chief
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Facebook Libra Is Seeking to Register as a Payment System in Switzerland
The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.

ECB's Mersch Warns Over 'Treacherous Promises' of Facebook Libra
Yves Mersch has warned of the threat posed by Facebook's Libra to monetary policy and consumers in the EU.

Facebook Libra Already Facing an EU Antitrust Probe: Report
Facebook is reportedly already under investigation by the EU over antitrust issues related to its Libra cryptocurrency project.

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report
Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence
A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto.

UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion
The U.K. Advertising Standards Authority has upheld complaints over a "misleading" bitcoin ad placed by crypto derivatives exchange BitMEX.

Coinbase UK Dropping Support for Cryptocurrency Zcash
The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash.

Investment App Robinhood Wins License to Operate in UK
Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.

