Mnuchin: Facebook's Libra launch was premature

Treasury Secretary Steve Mnuchin stated that he met multiple times with representatives from Facebook and told them that their launch for LIbra was premature, as they haven’t addressed “fundamental issues,” including the prevention of money laundering and other illicit activity. Yahoo Finance’s Adam Shapiro, Julie Hyman and Jessica Smith discuss on On the Move. …read more

Source:: Yahoo Finance

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