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Facebook Vows Libra Currency Will Wait for Approval as US Airs Worries

Newsmax Monday, 15 July 2019
Facebook Inc. said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity.
Credit: The Street - Published < > Embed
News video: Facebook's Libra Faces Regulatory Headwinds

Facebook's Libra Faces Regulatory Headwinds 00:57

Facebook is Real Money's Stock of the Day. The social media giant has come under pressure from politicians on both sides of the aisle regarding their Libra cryptocurrency. President Trump tweeted yesterday, "If Facebook and other companies want to become a bank, they must seek a new Banking Charter...

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