Chip Somodevilla/Getty ImagesThe controversy over Mark Zuckerberg’s integration of WhatsApp into Facebook just won’t die. “Do you understand why this record makes us concerned with Facebook entering the cryptocurrency space?” said Congresswoman Velazquez. In 2014, when Facebook was finalizing its $22 billion acquisition of the encrypted messaging app WhatsApp, it needed to get approval from EU antitrust regulators. When the EU fined Facebook, a Facebook spokesperson said that the errors were unintentional. “It is another reason members are worried about Facebook’s involvement/entrance into the cryptocurrency sector,” a spokesperson for Congresswoman Velazquez wrote in an email.

Source: Forbes October 23, 2019 21:03 UTC