UPDATE: Mnuchin: Treasury Has Very Serious Concerns Over Libra

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July 15, 2019 2:04 PM UTC
(Updated - July 15, 2019 2:13 PM EDT)

(Updated - July 15, 2019 2:10 PM EDT)

Mnuchin: Treasury Has Very Serious Concerns Over Libra

  • FinCEN to Hold Cryptocurrencies to Highest Standards
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  • to the extent Facebook (NASDAQ: FB) can do this correctly, fine
  • Mnuchin has concerns about privacy
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  • number one issue is we don't want bad actors using cryptocurrencies
  • we're not comfortable with Facebook today

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