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Topic: [2017-11-10]We’re Looking ‘Very Carefully’ at Bitcoin: US Treasury Sec. Mnuchin (Read 2555 times)

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We’re Looking ‘Very Carefully’ at Bitcoin: U.S. Treasury Sec. Mnuchin

U.S. Secretary of the Treasury Steven Mnuchin says that the federal government is concerned about the use of bitcoin in illicit dark web markets.

In an interview with Yahoo Finance, Mnuchin stated that bitcoin is on the Treasury Department’s radar and that he is in conversations with regulators across the world about the correct approach to ensure that it is not used to make “illicit transfers of funds.”

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    “It’s something we are looking at very carefully and will continue to look at,” Mnuchin said. “The first issue and the most important issue is to make sure that people can’t use bitcoin for illicit activities. So we want to make sure that you don’t have the dark web funded in bitcoins. And that’s something that is a concern of ours today.”

https://www.cryptocoinsnews.com/were-looking-very-carefully-at-bitcoin-u-s-treasury-sec-mnuchin/
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