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: cointelegraph
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Facebook Hired UK Bank Lobbyist Prior The GlobalCoin Launch

facebook hired


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Facebook the senior bank lobbyist Ed Bowles who will work on the GlobalCoin launch in order to help the company figure out European . In the altcoin news today we read more about his bio.

According to the Times, Facebook will work with the Standard Chartered European Head of Corporate and Public Affairs Ed Bowles starting from September. He will work as the director of public policy. Bowles left Standard Chartered after 12 years of work to join Facebook which is expected to publish the whitepaper of the centralized cryptocurrency-GlobalCoin in four days.

The social media giant has been facing strong regulatory pressure the years after the Wall Street Journal released a report about the questionable practices of the company. Facebook is now strongly focusing on complying with the financial laws before they launch their own cryptocurrency. At the beginning of the month, the outgoing US Commodity Futures Trading Commission (CFTC) chairman Chris Giancarlo confirmed that the CEO of Facebook Mark Zuckerberg has initiated conversations about GlobalCoin with the regulatory body. He also met with the Bank of England Governor Mark Carney and discussed financial plans and the launch of his cryptocurrency.

Also, Facebook hired the UK Deputy PM and Liberal Democrats Head Nick Clegg back in January who moved to Silicon Valley to work as the company’s head of global policy and communications. Clegg served as a member of the European Parliament and also was a European Commission trade negotiator and Facebook hired him in order to get influence in the EU.

As previously mentioned in the latest cryptocurrency news, Facebook had plenty of privacy scandals in the past and regulators are now worried that the tech giant can comply with the Know Your Customer and Anti Laundering policies. The European Commission Director General for Financial Stability Olivier Guersent stated:

“Facebook has a right like anyone else to launch itself on the market. But the issue is really the connection with the rest of their activities and the collection of data. That’s the angle through which we could tackle it.’’

The post Facebook Hired UK Bank Lobbyist Prior The GlobalCoin Launch appeared first on DC Forecasts – Leading Digital Currencies.


: dcforecasts
Facebook Hired UK Bank Lobbyist Prior The GlobalCoin Launch

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Alex Hobern, from the UK reality TV show “The Circle” loves crypto after paying for hotel rooms, airfare, meals and other assorted travel-based items with digital assets, in a 12-day trip in the Money 2020 Payments Race.

Alex Hobern, from the UK reality TV show “The Circle” loves crypto after paying for hotel rooms, airfare, meals and other assorted travel-based items with digital assets, in a 12-day trip in the Money 2020 Payments Race. submitted by /u/himadri-saha
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: CryptoCurrency
Alex Hobern, from the UK reality TV show “The Circle” loves crypto after paying for hotel rooms, airfare, meals and other assorted travel-based items with digital assets, in a 12-day trip in the Money 2020 Payments Race.

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