Brian Brooks, a supervisor of the US money management, in an interview on CNBC, refuted recent rumors about plans of the US Ministry of Finance to introduce new cryptocurrency regulation:
“We are focused on understanding the essence of the matter and do not want to “ban” a cryptocurrency. It is not less important for us to develop networks that use Bitcoin and other crypto. While that happens, we will prevent money laundering and the financing of terrorism. ”
The Squawk Box program host Melissa Lee quoted a series of tweets posted recently by Coinbase CEO Brian Armstrong:
“We have heard rumors that the US Treasury and the Minister of Finance Mnuchin urgently plan to adopt a number of new rules, regarding autonomous crypto wallets, to have enough time for their implementation. I am assured that these measures may have undesired side effects and wanted to share with you these worries. ”
Brooks did not directly refute the rumors but noted that the regulators really want to “bring everything to mind.” He also added that “there is a balance in the system, and it will work for everyone.”
On the direct question of whether any new rules will appear by the end of the term of Donald Trump, the official answered, that “we will hear a lot of good news for the cryptocurrencies.”
“Trust me, you will hear positive messages. At the same time, we honestly say – in our world, there are many dangers. But no one is going to prohibit either Bitcoins or the corresponding data transfer technologies,” he consoled the host.
At the end of November, the Chairman of the Securities and Exchange Commission, Jay Clayton, declared, that Bitcoin may face more strict regulation in its quality of a payment tool.
“I think this question will come up soon, and more regulatory norms will appear in the area of payments,” added Clayton.
However, the regulator has recently simplified the process of financing of crypto start-ups.
