Trump urged US Treasury Secretary to hunt Bitcoin

Trump urged US Treasury Secretary to “hunt” Bitcoin

At the time, according to John Bolton’s memoir, Donald Trump asked Treasury Secretary Steven Mnuchin to restrict the trading and sale of the Bitcoin internet currency.

Mnuchin should not be demoted to a “trading negotiator” of the cryptocurrency, the US President is said to have told him. Rather, he should “track” Bitcoin for fraud. The Trump administration, to which Bolton belonged at the time, has always been skeptical about cryptocurrencies. New guidelines for trading and selling digital currencies were issued earlier this year. Steven Mnuchin said in February 2020 that they want to make sure that technology continues to advance in his country. On the other hand, the coins should not be used like Swiss secret number bank accounts.

Article Produced By
 Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest. Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.

https://thebitcoinnews.com/trump-urged-us-treasury-secretary-to-hunt-bitcoin/

TP

Leave a Reply

Your email address will not be published. Required fields are marked *

3 × 5 =