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Cryptopolitan 2019-09-10 23:12:13

Libra to comply with regulations for operations: US Treasury

Reuters breaks it on the 10th of September that; in a must-do, Libra to comply with regulations if it wants to commence operations in the United States. Reuters reported the remarks of U.S. Under Secretary of Treasury for Terrorism and Financial Intelligence regarding Facebook’s “Libra Stablecoin.” The statement by Under Secretary Sigal Mendelker on September 10th, 2019 in Geneva that explains that Libra would adhere to the highest standards of Anti-Money Laundering. She also added that every cryptocurrency operating in the United States must conform to the local regularity standards. While another statement by Yves Mersch, the Executive Board member