US Treasury Secretary: Libra has a long way to go before it gets US approval

According to C-SPAN, US Treasury Secretary Steven Mnuchin said recently that the United States had a very direct dialogue with the consortium behind Libra, the cryptocurrency of Facebook (FB.O), before the approval of the United States. It will ensure that very strict conditions are in place so that Libra will not be used for terrorist financing or money laundering. Mnuchin said: "They have not met these conditions, so I think there is still a long way to go."