Donald Trump: If Facebook wants to become a bank, they must be subjected to all banking regulations132

U.S. President Donald Trump expressed his views on cryptocurrencies, saying that not only was he “not a fan” of Bitcoin, he also believes Facebook’s Libra will have little standing or dependability when launched. He said that Facebook should be subjected to banking regulations both in the U.S. and globally.

After more than two years of silence on cryptocurrencies, U.S. President Donald Trump has finally shared his thoughts on the burgeoning new industry. And while his comments were nothing unexpected, the very fact he spoke about digital assets was seen as a clear sign that the industry is maturing.

Original source
https://cryptoslate.com/donald-trump-if-facebook-wants-to-become-a-bank-they-must-be-subjected-to-all-banking-regulations/

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