Mnuchin says Facebook cryptocurrency needs safeguards against money laundering

Mnuchin says Facebook cryptocurrency needs safeguards against money laundering

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-usa-treasury-mnuchin-facebook/mnuchin-says-facebook-cryptocurrency-needs-safeguards-against-money-laundering-idUSKCN1UA23T

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.

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