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Facebook’s Libra cryptocurrency faces opposition

15 July 2019

Tony Nash, the chief economist at Complete Intelligence joins BBC’s Business Matters podcast from Houston Texas.

US treasury secretary, Steve Mnuchin has said he is concerned about Libra’s potential criminal use. He told a press conference it could be used by “money launderers and terrorist financiers” and said it was a national security issue. We hear from Bloomberg’s Lydia Beyoud.

Huawei announces significant investment in Italy despite America urging other countries not to do business with the Chinese technology firm. We hear from Adam Seagal, the director of the Digital and Cyberspace Programme at the Council on Foreign Relations in New York.

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