US Treasury sec says Facebook Libra must avoid money laundering

By on
US Treasury sec says Facebook Libra must avoid money laundering

Steve Mnuchin has Trump's ear, and Trump thinks Facebook is biased ...

US Treasury Secretary Steve Mnuchin on Monday voiced serious concern that Facebook Inc's proposed Libra cryptocurrency could be misused for money laundering, adding to the growing regulatory scepticism of the social media company's digital asset plans. The Treasury Department has warned Facebook ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cyrptocurrency facebook finance libra

Most Read Articles

NBN Co reinvents broadband speed test rankings

NBN Co reinvents broadband speed test rankings
NBN Co wants to fix your home wi-fi

NBN Co wants to fix your home wi-fi
myGovID goes live on Android OS

myGovID goes live on Android OS
NBN Co to revive HFC self-installation option

NBN Co to revive HFC self-installation option
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Your Microsoft Security journey starts here
Your Microsoft Security journey starts here
Is your AWS framework well-architected?
Is your AWS framework well-architected?
Why you should reassess your cybersecurity posture
Why you should reassess your cybersecurity posture
How will you manage the cloud data deluge?
How will you manage the cloud data deluge?
Follow these steps to prevent targeted attacks
Follow these steps to prevent targeted attacks

Events

Log In

Username / Email:
Password:
  |  Forgot your password?