Red Alert For Bitcoin? The U.S Turns Up Heat On Cryptos Future

Steve Mnuchin has just held a press conference in which he shared the joint effort between all U.S Financial agencies to tackle Bitcoin and Cryptocurrency related fraud, money-laundering and terrorist financing.

Some of the language used in the speech was strong, even referring to President Trump’s remarks on Bitcoin and how it was valued out of thin air.

What does this latest move spell for Bitcoin and Cryptocurrency in the United States? And could this impact the broader ecosystem outside of the United States?

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✘ Resource Links
https://twitter.com/TraceMayer/status/1150876617872252928
https://www.nytimes.com/2019/07/15/us/politics/mnuchin-facebook-libra-risk.html
https://twitter.com/realdonaldtrump/status/1149472282584072192
https://www.coindesk.com/fatf-crypto-travel-rule
https://www.fatf-gafi.org/countries/
https://en.wikipedia.org/wiki/FATF_blacklist
https://link.springer.com/article/10.1007/s10611-017-9748-5
https://twitter.com/BeauStoner/status/1142632993791647744
https://cointelegraph.com/news/cftcs-new-chairman-who-is-heath-tarbert-what-he-thinks-of-crypto
https://finance.yahoo.com/news/donald-trump-bitcoin-roast-positive-120051054.html
https://twitter.com/TraceMayer/status/1150876617872252928
https://twitter.com/TraceMayer/status/1150876617872252928
https://twitter.com/CaitlinLong_/status/1150843459621797888

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Post Author: CoinCryptoNews