
“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:
Photo of snoozing police officer in America’s most dangerous city enrages public
Ron Paul delegates walk off Republican convention floor
Marijuana stops child's severe seizures
More than 1,000 Iraqis killed in July, highest monthly toll since 2008
Once a sure bet, taxi medallions becoming unsellable
Mexico next to fire back in Trump's trade war against U.S. allies
‘No frills’ Indian hospitals offer $800 heart surgery
E-cigarettes packed with marijuana oil set to boom in Colorado
Wells Fargo paying $541M over bad loan claims
British prime minister: Edward Snowden harmed national security
Al-Qaeda Backers Found With U.S. Contracts in Afghanistan
Tech Renegade: From Print-at-Home Guns to Untraceable Currency
Protesters in Egypt attack ruling party Muslim Brotherhood's headquarters after deadly clashes
In Terrorism Fight, Government Finds a Surprising Ally: FedEx [2005]
Police arrest woman after request to see warrant