The Breakdown

Is FinCEN going after Telegram around money laundering? / The new, lighter Libra Association


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The fallout continues from the crazy last week in Libra, as the Association moves forward without any of its payment partners, all of whom have withdrawn at this point. Still the Association is now officially live and has a board of 5 members, only one of whom is from Facebook's Calibra subsidy. Over in the other major social network that wants its own crypto, BlockTV today reported that Telegram isn't just beset by the SEC but is dealing with a FinCEN inquiry around money laundering. 

Watch: https://www.youtube.com/nathanielwhittemorecrypto

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The BreakdownBy Blockworks

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