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As the U.S. Treasury — which manages the revenues and minting duties of the American government — has kicked off emergency efforts to save a pandemic-stricken economy, cryptoeconomy brows were raised this week upon a notable new hire in the department’s influential banking bureau. That bureau, the ..
U.S. Treasury Secretary Steven Mnuchin believes cryptocurrency transactions may pose certain risks to the financial system as they could potentially be used fund illicit activities such as money laundering and drug trafficking. Mnuchin’s recent comments also seemed to imply that Bitcoin might not be..
U.S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues” On Monday, the U.S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose to society and traditional finance. “This is indeed a national secur..