
More Regulatory Hurdles to Facebook’s Stablecoin – Could it Affect Crypto Markets?
Facebook’s cryptocurrency plans have faced hurdles from regulators all around the world. The US, UK, Japanese, and French governments have particularly opposed to it. Most recently, Australia, too, joined them expressing opposition to it. The Office of the Australian Information Commissioner (OAIC) is engaging in a broader regulatory approach. Reportedly, the government agency has emailed other
Facebook’s cryptocurrency plans have faced hurdles from regulators all around the world. The US, UK, Japanese, and French governments have particularly opposed to it. Most recently, Australia, too, joined them expressing opposition to it. The Office of the Australian Information Commissioner (OAIC) is engaging in a broader regulatory approach. Reportedly, the government agency has emailed other