Cramer on crypto concerns: Facebook is viewed as a rogue company – Source – CNBC (06/21/2019)

Facebook announced a new digital currency on Tuesday called “Libra.” The company is partnering with 27 other businesses and organizations to start the crypto as an open-source currency. Facebook says it aims to make it as easy to send money around the world as it is to send a photo. CNBC’s “Squawk on the Street” discusses how the currency may be scrutinized by Congress and other regulators.

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