Bitcoin And Crypto Suddenly Branded A 'National Security Issue'

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Bitcoin and cryptocurrencies have been thrown into the limelight by social media giant Facebook's plans to launch its own private cryptocurrency next year, with much of the attention negative...

just after the chair of the U.S. Federal Reserve said closer regulation of cryptocurrencies was neededNow, U.S. Treasury secretary Steven Mnuchin has added his voice to the assault on bitcoin, Facebook's planned Libra crypto project, and other cryptocurrencies, warning they pose a"national security" risk to the country.

Echoing Fed chair Jerome Powell, Mnuchin said he is"not comfortable" with Facebook's plans for its private cryptocurrency, Libra. Last week, Trump tweeted that he's"not a fan of bitcoin and other cryptocurrencies ... Unregulated crypto-assets can facilitate unlawful behavior, including drug trade and other illegal activity,"

The latest comments from the Trump administration on bitcoin and cryptocurrencies have been taken by some as"bullish news for the future of cryptocurrencies."

 

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The effect of this week on cryptocurrency due USA policy is...

Crypto Makes you just want to buy more, right ? Child’s mentality - the more you tell me no - the more I want it

Good job XRP is not a crypto roll on XRP the sky is yours

Buy XRP...

Not having Bitcoin is a national security issue.

Ha ha only because trump is too dumb to get his shovel out to dig for it.

Lol

EmraniMd Good

Would that be because they are or because a bunch of rich white guys missed that boat?

Regulated currency has never been used in crime or drugs.. Only crypto can..

What exactly could you use it for other than buying extra turns at 'Candy Crush'

😂😂😂

Ahhhhhh......

I can guarantee that I'm not buying anything Facebook is selling. I've got no issue with cryptocurrencies but there's something about Facebook and Zuck that I just refuse to trust.

👍

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