EU clamps down on Crypto

EU clamps down on Crypto

European Union seeks strict regulation of Crypto.

  • A panel of local lawmakers in New Delhi summoned #Facebook's top executive in India to answer allegations that it did not properly apply hate speech rules and policies.
  • The European #Commission has drawn up regulation to tightly monitor #cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra.
  • #Nasdaq slid as early gains in technology and growth names faded, with each of the three major Wall Street averages posting their second straight weekly decline.

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