US and UK government officials said that "we are not going to be there." they were watching ] "Cryptocurrency this week, while the topic focuses on the World Economic Forum 2018.
Speaking separately at the annual event, US Treasury Secretary Steven Mnuchin and British Prime Minister Theresa May said: " " or " criminal " the use of Bitcoin was the cause of ". appropriate regulation.
" My number one focuses on cryptocurrencies, whether it is digital currencies or bitcoin or other things, that is. is that we want to make sure that they are not used for illicit activities, "Mnuchin told CNBC
" So, in the United States, our regulations (state that) if you are a bitcoin wallet, you are subject to the same rules as a bank. "
Theresa May echoed the need to ensure that Bitcoin had only bona fide uses in the UK as it prepares to leave the United States. European Union with only limited regulation in place around cryptocurrency
In areas such as crypto-currencies and Bitcoin, we should take them very seriously, precisely because of the way they can be used, especially by criminals "said May in an interview with Bloomberg
" It's something that has been developed … I think that's Is something we have to look at. "
As Cointelegraph Reveals Insights into the Cryptocurrency of World Leaders in Davos, United States, The President of the Securities and Exchange Commission (SEC), Jay Clayton, co-authored an article in the Wall Str eet Journal on Wednesday 24 January.
Clayton's piece is dedicated to the so-called "distributed ledger" technology that e should look at. Echoing May and Mnuchin, the president of the SEC reiterated the need for strict control of the offer, sale and negotiation of cryptocurrencies:
" The SEC will vigorously pursue those [cryptocurrencies]] attempts to evade the registration, disclosure and anti-fraud requirements of our securities laws "he wrote in the WSJ
"If history is a guide, DLT is likely to be followed by many other life – changing innovations. But we will not allow this or any other advancement to disrupt our commitment to fair and healthy markets. "