REUTERS: Facebook Inc is in talks with the U.S. derivatives regulator, the Commodity Futures Trading Commission , over the social media company's plans for a digital currency, the Financial Times reported on Sunday.
The regulator is in the early stages of talks with Facebook in an effort to understand whether the company's plans for digital coin would fall under the CFTC's scope, the FT reported, citing Christopher Giancarlo, the head of the CFTC.In May, Facebook set up a financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US judge orders Facebook to turn over data privacy recordsA U.S. judge ordered Facebook Inc to give shareholders emails and other records concerning how the social media company handles data privacy, ... 👍🏽👍🏽👍🏽👍🏽👍🏽
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US stock futures fall as China blames US on trade talks flop[SYDNEY] US stock-index futures slid after China's government blamed the US for the latest collapse in trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Disaster aid bill worth US$19.1b blocked again in US HouseWASHINGTON: The US House of Representatives on Tuesday (May 28) failed again to pass a US$19.1 billion disaster aid bill supported by President ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Golf: US Women's Open winner to get US$1m after prize boostLOS ANGELES: The winner of this week's US Women's Open will receive a record US$1 million as part of a boost in prize money that will also see ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US Women's Open winner will earn US$1 millionFemale golfers will play for a US$1 million (790,451 pounds) first prize at this week's U.S. Women's Open, a first even if prize money continues ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Venture Capital firm EV Growth closes first fund at US$200m, exceeds target by US$50mVENTURE Capital firm EV Growth reached the final close of its first fund at US$200 million, exceeding its initial target of US$150 million. This fund is backed by a diverse group of investors such as SoftBank Group Corp, Pavilion CapitaI, Indies Capital and other regional investors. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
North Korea accuses US of 'evil ambition', says use of strength not a US monopolyWASHINGTON (REUTERS) - North Korea on Wednesday (May 29) accused the United States of showing bad faith in negotiations by conducting nuclear and missile tests and military drills as part of an 'evil ambition' to conquer North Korea by force, even while advocating dialogue.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Ball in US court to start trade talks: EU trade chiefEU-U.S. talks that could prevent the United States imposing punitive car tariffs have made some progress, but Washington must decide if it wants ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Ball in US court to start trade talks: EU trade chiefBRUSSELS (REUTERS) - EU-US talks that could prevent the United States imposing punitive car tariffs have made some progress, but Washington must decide if it wants to negotiate with Brussels on a broad removal of import duties, the EU trade chief said on Monday (May 27).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Venezuela talks under way in Oslo, but US says focus must be MaduroOSLO: Talks between Venezuela's government and opposition on ending months of crisis were under way in Norway, sources said on Tuesday (May 28), ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Trump says US doing well in trade talks with ChinaPresident Donald Trump said on Thursday the United States was doing well in trade talks with China and that Beijing wanted to make a deal with ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »