UPDATE 1-Mnuchin says Facebook cryptocurrency needs safeguards against money laundering
U.S. Treasury Secretary
Steve Mnuchin on Monday voiced serious concern that Facebook
Inc’s proposed Libra cryptocurrency could be misused for
money laundering, adding to the growing regulatory skepticism of
the social media company’s digital asset plans.
Steve Mnuchin on Monday voiced serious concern that Facebook
Inc’s proposed Libra cryptocurrency could be misused for
money laundering, adding to the growing regulatory skepticism of
the social media company’s digital asset plans.
Posted by Reuters
