US Secretary of State needs to control BTC like different e-transactions


Secretary of State Mike Pompeo believes that Bitcoin (BTC) should be regulated in the identical means as different digital monetary transactions.

Safety dangers & # 39; s of decreased authorities supervision

In a interview with Squawk Field on August 20, Pompeo identified the chance of nameless crypto transactions, saying:

“The chance with nameless transactions is one which everyone knows effectively. We all know this from 9/11 and terror actions that passed off within the 15 years previous to that the place we didn't have good monitoring, we have been unable to know money flows and who moved cash. "

CNBC host Joe Kernen introduced up Bitcoin when it comes to terrorism and geopolitical tensions within the Center East. Specifically, Kernen remembered a viral claim by finance minister Steven Mnuchin that money is just not used as a lot for nefarious actions as Bitcoin.

When requested about his place on Mnuchin's statements, Pompeo appeared to assist the secretary to some extent and expressed his hope that crypto and nameless transactions wouldn’t develop into the norm, since & # 39; safety for the world would cut back & # 39 ;.

Equal laws

Not like that of Mnuchin intentions to implement robust guidelines in area, Pompeo has expressed his imaginative and prescient to control Bitcoin in the identical means as all different digital monetary transactions.

Final month a former director of the German multinational funding financial institution Deutsche Financial institution revealed a article declare that Bitcoin is a number one indicator of hidden geopolitical tensions.

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