Facebook is under pressure.
- Facebook blocked a group of 1 million members that discusses Thailand’s king after the Thai government threatened legal action over failure to take down content deemed defamatory to the monarchy.
- A number of high-profile investors have turned to Bitcoin amid unprecedented coronavirus stimulus spending, and the biggest crypto wallet apps see record downloads.
- The Fed is expected to reveal news plans to refit its monetary policy approach to a world where persistently low inflation and low interest rates numb the effects of the Fed’s recession-fighting stimulus measures.