Facebook (NASDAQ:FB) has reportedly hired Standard Chartered (LON:STAN) Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14.
Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own crypto asset and other financial services to its 2.4 billion users. Bowles will join the company in September, and will reportedly be its London-based director of public policy.
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