US Treasury Secretary Mnuchin warned that Facebook’s Libra could be a tool for terrorists, traffickers, and drug smugglers
|07/16/2019||Posted by BusinessMediaguide.Com under General World News||
- US government officials fear Facebook’s upcoming digital currency, Libra, could be used to fund terrorism, human trafficking, and other illegal activities.
- “Libra could be misused by money launderers and terrorist financiers,” Treasury Secretary Steven Mnuchin said during a press conference this week.
- President Donald Trump, Fed Chair Jerome Powell, and Democratic Rep. Maxine Waters have also expressed concerns about Libra, Bitcoin, and other cryptocurrencies.
- View Markets Insider’s homepage for more stories.
US government officials fear Facebook’s upcoming digital currency, Libra, could be used to fund terrorism, human trafficking, drug smuggling, and a laundry list of other crimes. Bitcoin’s price barely moved on the read more >>>