“Treasury Secretary Jack Lew called bitcoin a ‘phenomenon,’ but told CNBC that the U.S. government needs to make sure the digital currency doesn’t become a funding haven for criminals and terrorists. At the World Economic Forum in Davos, Switzerland, Lew told ‘Squawk Box‘ he has spoken to JPMorgan Chairman and CEO Jamie Dimon about bitcoin, and the two share a certain ‘incredulity’ about it. ‘From the government’s perspective, we have to make sure [bitcoin] does not become avenue to funding illegal activities or to funding activities that have malign purposes like terrorist activities,’ Lew said. ‘It is an anonymous form of transaction. And it offers places for people to hide.'”
http://www.cnbc.com/id/101357809
Related posts:
U.S. officials warn Pakistan risks sanctions over Iran pipeline
A Surprising Health Insurance Option For Those Who Refuse ObamaCare
Border Patrol agent who shot Mexican teenager dead will not be charged
Bitcoin drive gains currency in Germany
EU backs Madrid in row over move to take back Catalonia
From North Korea, With Dread
FBI fatally shoots victim of kidnapping trio, alone and with his hands bound
Cops Use YOUR Children As Props For Homeland Security “School Shooter Drills”
Enforcement of immigration laws could be making human trafficking tougher to detect
A Plan to Stop the Feds From Reading Your Emails
Ex-Felons Are About To Get Health Coverage
Miners Shed Thousands of Jobs as Commodities Prices Slide
Young Catholics flood Rio’s streets after Pope Francis speech
Greece sells off London consulate and royal cemetery
Last month, this senator wanted to ban Bitcoin. Now, he’s not so sure