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The White House watches over bitcoin and other cryptocurrences.
Bitcoin 'monitored & # 39; by the White House
Press Secretary Sarah Huckabee Sanders made this revelation at a press conference Thursday. "I know it's something that's being monitored by our team here," she said, answering a question from journalist Buzzfeed on whether President Donald Trump believes that bitcoin should receive a increased government attention.
Asked about cryptocurrency, the White House said it was monitoring cryptocurrency. Pushed further, Sanders specifically mentioned homeland security. pic.twitter.com/55n3SI0NvE
– Fran Berkman (@FranBerkman) November 30, 2017
"In terms of briefings and specific announcements, I have nothing to share with you right now," she said, adding that a councilor of Homeland Security had mentioned the problem at a recent meeting. with President Trump.
"Tom Bossert, with the Homeland Security team, an advisor to the president, raised this issue at a meeting earlier this week," she said. "I know it's something he's watching."
Commenting on the press conference, billionaire hedge fund manager and bitcoin bull Mike Novogratz told the Fox Business Network's closing bell countdown that he believes the government will continue to treat the company. Industry, favorably.
"I think Mrs. Sanders had probably prepared the question and I'm sure Homeland Security is looking at it, the Treasury has looked at it, the Fed has looked at it," he said, "our Experience so far is that US regulators have been very receptive to the evolution of cryptocurrency.They do not want to make innovation.They look at this as an interesting move. "
The best bullish advisers on Bitcoin
President Trump has never discussed bitcoin publicly, but there are several bitcoin lenders in its orbit.
Mick Mulvaney, White House Budget Director and Acting Director of the Consumer Financial Protection Bureau, co-founded the Congressional Blockchain Caucus a block of lawmakers seeking to promote the use of cryptocurrency at the federal legislative level. As reported by CCN, the Blockchain Caucus – now without Mulvaney – recently introduced the Cryptocurrency Tax Fairness Act of 2017, a bill that would eliminate reporting requirements for cryptocurrency transactions of a year. value less than $ 600
The co-founder of PayPal Peter Thiel – who recently declared that Bitcoin has " a great potential left " as a store of value and a substitute for the Physical gold – was a member of the Transitional Trump Administration team and would have been considered a leader of the President's Intelligence Advisory Council, before he removed his name from this consideration.
Mark Calabria, chief economist of Vice President Mike Pence, said in the past that he was excited about bitcoin and other alternative currencies. The economist, who previously ran the studies on financial regulation at the libertarian-minded Cato Institute, is optimistic about Bitcoin's potential to disrupt the financial system.
Given Trump's propensity to discuss the news of the day on Twitter, the president will soon reveal his thoughts on bitcoin – 280 characters at a time.