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‘I like bitcoin,’ says House GOP leader McCarthy while bashing Facebook’s Libra coin

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WASHINGTON, DC – APRIL 17: House Majority Leader Kevin McCarthy (R-CA) talks with reporters following the weekly House Republican Conference meeting at the U.S. Capitol April 17, 2018 in Washington, DC.

Chip Somodevilla | Getty Images

House Minority Leader Kevin McCarthy told CNBC on Tuesday that he likes the decentralized nature and the security of bitcoin.

“I like bitcoin” and the security of the blockchain ledger technology behind cryptocurrencies, the California Republican said, as he criticized Facebook‘s new Libra digital coin ahead of hearings on Capitol Hill this week.

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