US Treasury Increases Regulatory Pressure on Crypto, Warns of Its Unlawful Uses

Friday night, United States President Donald Trump tweeted about Facebook Libra, Bitcoin, and crypto as a whole, expressing his distaste in the emerging asset class and commenting on their “unlawful” uses.

Following the first glimmer at the government’s more demonizing stance against cryptocurrencies, Steve Mnuchin, the United States Secretary of the Treasury, briefed the nation on live television about the state on of the budding digital financial technology called crypto. But his...

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