US Treasury Secretary depicts Libra as a national security issue

In a press conference held on July 15, US Treasury Secretary Steven Mnuchin said Facebook’s proposed digital currency, Libra, “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.” Earlier this month Facebook announced the issue of its native cryptocurrency called Libra. Libra is set to be released in the first half on 2020.

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