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Libra will initially have two clear and defined

Posted: Tue Jan 07, 2025 7:13 am
by Bappy10
It seems that Facebook has outgrown the technology sector. It is clear that the Harvard residence where Mark Zuckerberg, together with some friends, created a platform that would make him a millionaire is a long time ago . Facebook is no longer a social network in the usual sense; those from Menlo Park have become a business giant that is now looking for new challenges.
They are not the only ones: Google, Amazon and Apple want to encompass much more than what was the germ of their activity and this may also be another of their objectives.

The decision by Facebook - one of the major players in the digital albania phone number economy - is a cause of great concern for traditional banking and financial institutions. This is also true in Spain, where the Bank of Spain and the Spanish Banking Association (AEB) have already warned of the dangers that would threaten economic stability if Facebook enters into an equation in which - it is assumed - it has no place.

The spotlight is on the company, even though, as El Mundo reports , there is a need for supervisory action "appropriate" to the circumstances. There is clear concern about how Facebook's entry into the sector will affect both banking and financial institutions and consumers.