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​Facebook must do a 'lot of work' on Libra to address money-laundering concerns, Mnuchin says

( July 15, 2019, 19:54 GMT | Official Statement) -- MLex Summary: Facebook, which has been meeting with US financial regulators about its proposed Libra digital currency, has "got a lot of work to convince" the regulators that Libra and its payment system comply with anti-money-laundering laws and regulations, said US Treasury Secretary Steven Mnuchin. "Our number one issue is we don't want bad actors using cryptocurrencies," Mnuchin said.Excerpts from press conference follow:...

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