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Trump blasts Bitcoin, Facebook's Libra, demands they face banking regulations

Reuters Friday, 12 July 2019 ()
U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank."
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News video: What Bitcoin Taught Government Officials About Facebook's Libra

What Bitcoin Taught Government Officials About Facebook's Libra 00:39

Facebook's Libra a hot topic during Federal Reserve Chair Jerome Powell's two-day congressional, President Donald Trump shared his view on Real Money Stock of the Day Facebook's digital currency Libra via his always newsworthy Twitter account. Trump tweeted that Libra will have "little stand or...

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