Global money-laundering watchdog closely monitoring Facebook's Libra, official says

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Global money-laundering watchdog closely monitoring Facebook's Libra, official says

As illegal use of cryptocurrencies is spreads at pace.

The global anti-money laundering watchdog is closely monitoring developments on Facebook's planned Libra cryptocurrency, its new head told Reuters on Tuesday, in the latest sign of growing regulatory scrutiny of the project. The Facebook-led Libra project is mooted for launch by June next year. ...

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