Executives from Coinbase, Circle, FTX, and other crypto companies asked Congress to go slow on imposing stiff rules on the crypto industry, amid lawmakers debating new rules.
Facebook (Meta Platforms) has updated its ad platform criteria for cryptocurrencies Wednesday, by expanding the number of accepted regulatory licenses from previously three to 27, citing an increase in regulations as well as the stability achieved in the industry.
Marcus, the leader of Facebook s "F2" financial division and the co-creator of its Diem digital currency project, is stepping down. He joined Facebook in 2014 after two years as president of PayPal.