Cryptocurrency Safe from US Regs, for Foreseeable Future, Says White House Official

A White House official, Rob Joyce, told the folks at CNBC this past Friday, February 16th that Cryptocurrency regs from the US were not coming anytime soon.  Joyce is the special assistant to the President, as well as the White House cybersecurity coordinator.

US government is nowhere close to regulating bitcoin, White House cybersecurity coordinator says

There’s a long way to go before the U.S. government starts regulating bitcoin, Rob Joyce, special assistant to the president and White House cybersecurity coordinator, told CNBC on Friday.

Speaking at the Munich Security Conference in Germany, Joyce emphasized the need to better understand the cryptocurrency’s risks and benefits before embarking on any sort of regulatory regime.

“I think we’re still absolutely studying and understanding what the good ideas and bad ideas in that space are,” he said when asked about the potential for government regulation. “So, I don’t think it’s close.”

Read More at CNBC.com
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