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FDIC Asks All Banks to Report Crypto Activities


A top U.S. banking regulator has asked banks to report on their “crypto-related activities,” citing potential “safety and soundness risks as well as financial stability concerns” resulting from exposure to crypto assets

Report: Facebook Eyes ‘Zuck Bucks’ And NFTs As It Loses Users To TikTok


Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by...

Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report


  Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain. “Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed...

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