MoneyNews

US Treasury announced the desire to “properly regulate” the Crypto-currency

UNITED STATES (OBSERVATORY) –¬†US regulators do not oppose the use of crypto-currency in mutual settlements, but they are trying not to use them to finance terrorism or speculation, Finance Minister Stephen Mnuchin said at a hearing in the US House of Representatives’ expenses committee.

“We do not oppose cryptocurrency, we want their correct enforcement,” he said, specifying that crypto-currencies should be subject to the same laws as any other transactions with other currencies.

According to Mnuchin, it is impossible to allow crypto-currencies to be used for speculation, financing of terrorism or other illegal actions.