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Mnuchin says Facebook will need to comply with the regulations in terms of moving forward on the Scale to start on CNBC

FILE PHOTO: A small piece of a toy figure standing on the representations of the virtual currency in the front end of the Scale, the logo in this illustration picture the 21 of June, 2019 at the latest. REUTERS/dado Ruvic/Image/File Photo

WASHINGTON (Reuters) – the U.S. Minister of finance, Steven Mnuchin said in a television interview that Facebook must comply with the regulations in regard to, prior to the start of Libra, and the planned cryptocurrency.

“When it comes to the Scale, we have made it very clear to Facebook before they started using it, it has to be something that passes through our lines,” Mnuchin said in a recent interview with CNBC.

Report by Makini Brice.

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