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Treasury chief: Facebook currency plan ripe for illicit use

Started by RSS, July 15, 2019, 11:25:45 PM

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July 15, 2019, 11:25:45 PM
Treasury chief: Facebook currency plan ripe for illicit use

Treasury Secretary Steven Mnuchin says the Trump administration has "very serious concerns" that the new digital currency planned by Facebook could be used for illicit activity such as money laundering, human trafficking and financing terrorism.

Source: Treasury chief: Facebook currency plan ripe for illicit use
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