UPDATE: Mnuchin: Treasury Has Very Serious Concerns Over Libra

(Updated - July 15, 2019 2:10 PM EDT)

Mnuchin: Treasury Has Very Serious Concerns Over Libra

• FinCEN to Hold Cryptocurrencies to Highest Standards
• Bitcoin Highly Volatile, Speculative
• to the extent Facebook (NASDAQ: FB) can do this correctly, fine
• Mnuchin has concerns about privacy
• Mnuchin says be careful investing in cryptocurrencies
• number one issue is we don't want bad actors using cryptocurrencies
• we're not comfortable with Facebook today

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