Treasury Steven Mnuchin Says US Will Police Crypto With ‘Very, Very Strong Regulations’

2019-7-19 23:34

During a recent interview with CNBC, Steve Mnuchin, the secretary of the U. S. Department of the Treasury, said that it is important to establish strong regulations on Bitcoin (BTC) and virtual currencies.

The intention is to avoid Bitcoin and digital assets becoming anonymous bank accounts located in Switzerland. Steve Mnuchin Wants To Regulate Cryptos Virtual […].

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U.S. Treasury Secretary Expresses Libra and Digital Asset Concerns

Steve Mnuchin, the secretary for the United States Treasury, held a press briefing to address the sudden storm of cryptocurrencies led by the announcement of Libra. Mnuchin, along with other bureaucrats, expressed scepticism over the launch of Libra, going as far as drafting a bill to keep tech companies out of finance, as reported byRead MoreRead More.

2019-7-16 13:21