US Treasury Secretary Mnuchin warned that Facebook's Libra could be a tool for terrorists, traffickers, and drug smugglers

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Mnuchin has joined Donald Trump, Jerome Powell, and Maxine Waters in questioning the cryptocurrency. Bitcoin traders yawned.

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.

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.

 

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Just like the USD!

If Racists was in that same category and Trump had said he didn't like Libra people would take this more seriously than they will if it's a legitimate warning from her. Can you drop an article of what Libra is for your viewers

So vastly used by the White House occupants

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Mnuchin says Facebook cryptocurrency needs safeguards against money launderingU.S. Treasury Secretary Steve Mnuchin on Monday voiced serious concern that Face... He should know all about that money laundering. He might be an expert. Mnuchin and trump know a lot about money laundering.
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