Facebook S&L? Not quite Tony Zerucha +Tony Zerucha Apr. 14, 2014, 8:33 am 136 views Facebook will soon receive regulatory approval from the Central Bank of Ireland to serve as an “electronic money institution” to at least Europe and maybe other parts of the world too. Why is Facebook entering into this sector? Leo Mirani explains. Get Daily DigestNo spam guarantee. About Tony Zerucha Tony Zerucha is managing editor of Bankless Times. "The evolution of the crowdfunding and peer-to-peer lending scenes is absolutely fascinating to chronicle. It is a joy to be around people with such passion and vision." Leave A Comment Click here to cancel reply. Notify me of follow-up comments by email. Notify me of new posts by email.