Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said......»»

Category: forexSource: coindeskSep 11th, 2019

Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules

Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter......»»

Category: forexSource: coindeskDec 7th, 2019

Facebook"s Libra could come under some existing rules: watchdog

Existing securities rules could apply to "stablecoin" digital currency initiatives such as Facebook's Libra project to help realize its benefits, global securities watchdog IOSCO said on Monday as policymakers examine whether new regulation is needed......»»

Category: topSource: reutersNov 4th, 2019

Cryptos: Zuckerberg is getting grilled in Washington as bitcoin is getting grilled on Wall Street

Bitcoin prices have quietly been in meltdown mode in recent trade and that trend has accelerated amid testimony on Wednesday from Facebook CEO Inc. Mark Zuckerberg as he attempts to make a case for digital-currency payment platform Libra......»»

Category: topSource: marketwatchOct 23rd, 2019

US Treasury to Monitor Libra Over Possible Financial Risks

The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress......»»

Category: forexSource: coindeskOct 23rd, 2019

#SocialStocks: Facebook still advancing Libra, Twitter clarifies rules

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 16th, 2019

Bank of England Sets Out Rules for Libra Launch in the UK

The central bank has finalized principles the Facebook-led cryptocurrency project must adopt before a U.K. launch......»»

Category: forexSource: coindeskOct 9th, 2019

Spooked by Libra, EU pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday to propose new rules to regulate virtual currencies, in a reaction to Facebook's plans to introduce Libra, which the EU considers a risk to financial stability......»»

Category: topSource: reutersOct 8th, 2019

EU finance commissioner pledges to regulate digital currencies

The European Union's finance commissioner pledged on Tuesday, if he is reappointed, to propose new rules to regulate virtual currencies such as Libra, the currency Facebook plans to launch......»»

Category: topSource: reutersOct 8th, 2019

Switzerland warns Facebook"s Libra it will face extra scrutiny

Facebook's Libra cryptocurrency suffered another setback on Wednesday when Switzerland said the proposed payments system could face strict rules that typically apply to banks, on top of tough anti-money laundering laws......»»

Category: topSource: reutersSep 11th, 2019

Facebook"s Libra falls into "big gap" in EU rules: regulator

Facebook's proposed Libra cryptocurrency falls into a "big gap" in European Union financial regulation at a time when the bloc's ability to tackle money laundering is already stretched, a top EU regulator said on Thursday......»»

Category: topSource: reutersSep 5th, 2019

ECB"s Yves Mersch Warns Libra Cryptocurrency Is "Facebook"s Siren Call"

Authored by Adrian Zmudzinksi via, Yves Mersch, European Central Bank’s key legal official, said that Facebook’s Libra stablecoin is “beguiling but treacherous” dur.....»»

Category: blogSource: zerohedgeSep 3rd, 2019

Facebook Libra Backers Are Not Official Partners Yet, Says Visa CEO

While Facebook's Libra project was said to have 28 founding partners when unveiled, that isn't quite the case, says Visa CEO Alfred F. Kelly......»»

Category: forexSource: coindeskJul 24th, 2019

Cryptos Are Crashing As Libra Hearing Ends, Bitcoin Back Below $10k

Bitcoin tumbled back below $10,000 and dragged the rest of the crypto space lower after U.S. lawmakers grilled Facebook on its cryptocurrency plans, as political and regulatory scrutiny of digital coins intensifies. Bitcoin.....»»

Category: blogSource: zerohedgeJul 16th, 2019

"Not A Lot Of Love" For Libra As Facebook Pitches Digital Currency In Washington

Treasury Secretary Steven Mnuchin publicly commented Monday on Facebook, Inc. (NASDAQ: FB)'s digital currency Libra and said it.....»»

Category: blogSource: benzingaJul 16th, 2019

Steven Mnuchin joins Facebook critics on Libra cryptocurrency

The Treasury secretary says Facebook has ‘a lot of work to do’ to win approval for its new cryptocurrency......»»

Category: topSource: bizjournalsJul 16th, 2019

New US House Bill Would Ban Big Tech From "Banking", Fine Facebook"s Libra $1 Million Per Day

Shortly before Treasury Secretary Stephen Mnuchin held his crypto-fearmongering press conference, CoinTelegraph's Kollen Post reports that.....»»

Category: blogSource: zerohedgeJul 15th, 2019

US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra

In a press conference Monday, Mnuchin voiced the Trump administration's concerns with Facebook's Libra and cryptocurrencies like bitcoin......»»

Category: forexSource: coindeskJul 15th, 2019

Mnuchin: Treasury Concerned About Facebook"s Libra Plans

Treasury Secretary Ste.....»»

Category: blogSource: benzingaJul 15th, 2019

Mnuchin says Treasury has "very serious concerns" Facebook"s libra coin will be misused by money launders

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJul 15th, 2019

Mnuchin says Facebook "has a lot of work to do" to convince Treasury about Libra

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 15th, 2019