12 Jan '18, 3pm

@bpolitics

U.S. Treasury Secretary Steven Mnuchin said he will work with the Group of 20 nations to prevent cryptocurrencies such as bitcoin from becoming the digital equivalent of an anonymous Swiss bank account. Speaking to the Economic Club of Washington on Friday, he said wants to ensure “bad people cannot use these currencies to do bad things.” Under U.S. law, “if you have a wallet to own bitcoins, that company has the same obligation as a bank to know” you as a customer, Mnuchin said. “We can track those activities. The rest of the world doesn’t have that, so one of the things we will be working very closely with the G-20 is making sure that this doesn’t become the Swiss bank account.” Mnuchin said U.S. authorities, including the Federal Reserve, were studying the pros and cons of issuing digital dollars instead of hard cash, but “the Fed and we don’t think there’s any need for...

Full article: https://www.bloomberg.com/news/articles/2018-01-12/mnuchi...

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Mnuchin warns against bitcoin becoming the next...

bloomberg.com 12 Jan '18, 3pm

U.S. Treasury Secretary Steven Mnuchin said he will work with the Group of 20 nations to prevent cryptocurrencies such as ...

Mnuchin: "We Want To Make Sure Bad People Can't...

zerohedge.com 12 Jan '18, 4pm

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reuters.com 13 Jan '18, 9am

JAKARTA (Reuters) - Indonesia’s central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin bec...

#US Treasury Secretary Mnuchin: #Bitcoin could become the modern ‘Swiss Bank Account’.

#US Treasury Secretary Mnuchin: #Bitcoin could ...

cointelegraph.com 14 Jan '18, 7am

The US Secretary of the Treasury, Steven Mnuchin , made a number of statements regarding the international use of digital ...

Bank #Indonesia forbids #Bitcoin trading, states all digital currency illegitimate.

Bank #Indonesia forbids #Bitcoin trading, state...

cointelegraph.com 14 Jan '18, 12pm

Bank Indonesia issued a press release on Jan. 13, warning its citizens against the use of selling, buying or trading crypt...

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news.bitcoin.com 13 Jan '18, 11pm

“Ownership of virtual currency is very risky and full of speculation because there is no authority responsible,” the centr...