3 Ways Facebook Must Address Illicit Financing With Its New Cryptocurrency [Forbes]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.fb.com/home/default.aspx
Company Research
Source: Forbes
3 Ways Facebook Must Address Illicit Financing With Its New Cryptocurrency Facebook is entering the cryptocurrency ecosystem and will encounter a variety of illicit finance risks. Getty In 2020, Facebook’s new subsidiary, Calibra , will begin operating a blockchain-based marketplace ecosystem, fueled by the new Libra digital token . The Calibra digital wallet is supposed to enable users around the world to purchase all types of goods and services across borders. Criminals, terrorists, and rogue state governments have also been using social media platforms for years now; they will migrate quickly to the Calibra ecosystem if it proves successful. Here is what Facebook needs to do to address the Pandora’s box of unintended consequences it is about to open: Create a Financial Intelligence Unit (FIU) for Calibra. Many large international banks and payment companies have FIUs to investigate financial crime and regulatory violations that may occur through their institution. FIU staff typical
Show less
Read more
Impact Snapshot
Event Time:
FB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FB alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics