Treasury Secretary Mnuchin said on Thursday that the department will police bitcoin so it doesn't become like anonymous Swiss bank accounts.
"We're going to make sure that bitcoin doesn't become the equivalent of Swiss-numbered bank accounts," Mnuchin tells CNBC on Thursday.Steven Mnuchin
"We're going to make sure that bitcoin doesn't become the equivalent of Swiss-numbered bank accounts, which were obviously a risk to the financial system," Mnuchin told"I want to be careful that anybody who's using bitcoin — regardless of what the price is — is using it for proper purposes and not illicit purposes," he added. "And there are billions of dollars of transactions going on in bitcoin and other cryptocurrencies for illicit purposes.
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