Regulate Cryptocurrencies? Not Yet

Bloomberg Quint

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Regulate Cryptocurrencies? Not Yet

(Bloomberg Opinion) --At her confirmation hearing last week, Treasury Secretary Janet Yellen said many cryptocurrencies are used “mainly for illicit financing, and I think we really need to examine ways in which we can curtail their use.” Although her written testimony says the government also needs to “look closely at how to encourage their use for legitimate activities,” it seems clear:  More regulation of cryptocurrencies is on the way.Conti…