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Facebook has been granted an e-money license in the EU. The Central Bank of Ireland has given Facebook Payments International Limited (FBPIL) this license which allows the social media to facilitate peer-to-peer payments on its platform. Ireland is a member nation of the EU which authorizes Facebook to operate as a money transmitter in all EU states.

Source: http://sensorstechforum.com/facebook-eu-e-money-license/
Facebook has been granted an e-money license in the EU. The social media can now facilitate peer-to-peer payments on its platform in Europe.
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