Mnuchin says Facebook must enact proper safeguards against illicit use, money laundering
U.S. Treasury Secretary
Steve Mnuchin said on Monday that the Treasury department has
serious concerns that Facebook Inc’s proposed LIBRA
cryptocurrency could be misused for money laundering, adding to
the growing regulatory skepticism of the company’s digital asset
plans.
Steve Mnuchin said on Monday that the Treasury department has
serious concerns that Facebook Inc’s proposed LIBRA
cryptocurrency could be misused for money laundering, adding to
the growing regulatory skepticism of the company’s digital asset
plans.
Posted by Reuters