Crypto-Follow logo Crypto-Follow logo
Cryptopolitan 2020-02-13 17:48:02

Mnuchin hints on new crypto regulations, a crackdown looms?

The United States Treasury Secretary, Steven Mnuchin has hinted Wednesday that the Trump administration is working on rolling out new crypto regulations that will guide the conduct and transactions in the cryptocurrency market. This crypto regulations according to Mnuchin is to enable the government to crack down on those using cryptocurrency to launder money and other illegal activities. Specifically on cryptocurrencies, we are spending a lot of time on this, both on interagency bases and with the regulators. We are about to roll out some significant new requirements at FinCEN. We want to make sure that technology moves forward, but

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer