Facebook Recruits Bank Lobbyist for Regulatory Assist with Crypto GlobalCoin

By CCN Markets: Facebook has just hired a senior UK bank lobbyist ahead of GlobalCoin launch to help the company cope with European regulations. According to the Financial Times, Facebook will employ Standard Chartered European Head of Corporate and Public Affairs Ed Bowles from September as its London-based director of public policy. Bowles leaves Standard Chartered after 12 years to join Facebook, the company that is expected to release the whitepaper of its upcoming centralized cryptocurrency, GlobalCoin, in four days. Regulatory Compliance in the Spotlight As Facebook had been facing hard regulatory pressure in the past – with the Wall

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Source: Bitcoin CNN