Donald Trump blasts Facebook’s Libra, demands strict regulation
https://arstechnica.com/tech-policy/2019/07/donald-trump-blasts-facebooks-libra-demands-strict-regulation/
Donald Trump is not a fan of Libra, Facebook's proposed cryptocurrency, the president made clear in a series of tweets on Thursday evening.
"Facebook Libra’s 'virtual currency' will have little standing or dependability.," Trump tweeted. "If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks."