bitcoin shouldnt become the new swiss bank account
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Bitcoin shouldn't become the new Swiss bank account

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Bitcoin shouldn't become the new Swiss bank account

Steven Mnuchin
Washington - Emiratesvoice

Dominant digital currency bitcoin should not be allowed to become the Swiss bank account of the modern era used to hide illicit activity, Treasury Secretary Steven Mnuchin said Friday.

Mnuchin pledged to work with other governments, including within the Group of 20, which includes the world's major economies, to monitor the activity of those who invest heavily in the cryptocurrency."One of the things we will be working with the G20 on is making sure that this doesn't become the Swiss numbered bank account," he said at a conference, referring to the famously secretive accounts used by some to hide ill-gotten gains.

"We want make sure that bad people can't use this currency to do bad things."

US rule require banks to have information on customers with bitcoin accounts to try to prevent money laundering and other illicit activity.

Mnuchin acknowledged that some central banks were looking into the possibility of creating digital currencies instead of issuing cash, but said the US Federal Reserve was not yet considering such a move.

Asked about the possibility that Russia would create its own virtual currency to escape financial sanctions, Mnuchin said "I don't think that's a concern."

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bitcoin shouldnt become the new swiss bank account bitcoin shouldnt become the new swiss bank account

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bitcoin shouldnt become the new swiss bank account bitcoin shouldnt become the new swiss bank account

 



GMT 08:50 2017 Monday ,23 October

Dina happy for participating in “The Flood”

GMT 19:52 2017 Wednesday ,02 August

Budget deficit down by JD111 million in first half

GMT 12:03 2017 Friday ,29 December

Egypt takes steps to improve its energy market

GMT 09:40 2017 Wednesday ,22 November

Saudi steps up oil diplomacy ahead of OPEC meeting

GMT 07:42 2017 Monday ,18 December

Nusseibeh:UAE Remarkable Story Of Achievement

GMT 13:24 2012 Wednesday ,11 January

Maradona\'s Al Wasl knocked out of President\'s Cup

GMT 07:12 2011 Saturday ,17 December

Etisalat makes iPhone 4S available in UAE

GMT 09:09 2017 Sunday ,12 February

NFLer Michael Bennett Refuses Goodwill Trip to Israel

GMT 15:45 2017 Tuesday ,07 February

Sudan Expects to Obtain WTO Membership in December

GMT 04:32 2017 Sunday ,19 February

Morocco confronts abortion taboo with proposed reform

GMT 13:17 2017 Sunday ,29 January

Audience keen to watch such movies

GMT 07:01 2012 Friday ,06 July

Tufted modular sofa

GMT 16:22 2017 Thursday ,24 August

Dimitrov downs Kyrgios to win Cincinnati Open

GMT 14:50 2016 Friday ,07 October

5.8-Magnitude Quake Jolts Taiwan Region
Emiratesvoice, emirates voice
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice