Mnuchin joins chorus against Facebook cryptocurrency

Mnuchin joins chorus against Facebook cryptocurrency

Facebook’s planned Libra cryptocurrency faced further opposition on Monday when US treasury secretary Steven Mnuchin warned about its potential criminal use. Mnuchin said it could be used by ’money launderers and terrorist financiers’ and called it a national security issue. His comments came a day before Facebook executives appear before a congressional committee.

Simone
Simone
Erik
Erik 1 year

Dominated by illicit activity - So when HSBC launders money for drug cartels with Dollars that is ok then, yea, thought so. Either he is to stupid to understand crypto and how it shifts control back to the people or he is afraid because he does.

Adam Marceau
Adam Marceau 1 year

only a moron would be

Unity.Nat
Unity.Nat 1 year

I don't believe a scummy corporation like facebook or the U.S government should have control over any crypto.

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