EU escalates investigation into Meta over addictive design targeting children

Meta's Arena app could reshape digital prediction markets, influencing regulatory landscapes and expanding Meta's tech and financial ventures. The post Meta develops prediction markets app Arena, directed by Zuckerberg appeared first on Crypto Briefing.

EU committee approves digital euro proposal, advancing CBDC legislation toward negotiations. Privacy safeguards include zero-knowledge proofs and limits on ECB access to user data. Digital euro framework adds holding caps and free basic services to protect stability. The European Parliament’s Economic and Monetary Affairs Committee has advanced the digital euro proposal after approving key legislation […] The post EU Lawmakers Advance Digital Euro Plan With Strong Committee Support appeared first on Live Bitcoin News.

The European Parliament has advanced legislation for a digital euro, bringing the EU closer to launching a central bank digital currency, while the U.S. moves to restrict similar efforts. According to a June 23 decision by the European Parliament’s Economic…

The investigation could lead to significant regulatory changes, impacting Meta's revenue model and setting a precedent for tech accountability. The post European Commission escalates probe into Meta’s addictive design for children appeared first on Crypto Briefing.

Meta's strategic investment in CRED and leadership shift at WhatsApp highlights the growing importance of local expertise in global tech expansion. The post Meta invests $900M in Cred, appoints founder Kunal Shah to lead WhatsApp appeared first on Crypto Briefing.

For the past three years, "Meta" and "Ray-Ban" have been synonymous in the smart glasses space. Not anymore. Yesterday, I slipped on several pairs of Meta Glasses - no Ray-Bans - in three different styles and seven colors. One style, I was told several times by various enthusiastic Meta spokespeople, is a collaboration with socialite and reality TV star Kylie Jenner. Meta could've struck out on its own from the get-go, but teaming up with EssilorLuxottica and the Ray-Ban brand was a savvy move in entering the smart glasses space. Previous smart glasses looked straight out of a sci-fi flick, or were just dorky enough to be unappealing. Ray-B … Read the full story at The Verge.

The digital euro's advancement could reshape EU payment systems, challenge stablecoins, and alter the competitive landscape for banks and crypto firms. The post European Central Bank advances digital euro after key Parliament vote appeared first on Crypto Briefing.

EU lawmakers backed rules for an offline and online digital euro, with privacy safeguards, holding limits and no interest payments.