White House cybersecurity coordinator and special assistant to Mr Trump, Rob Joyce, said the US is still studying the pros and cons of cryptocurrencies before launching any regulations.
Speaking to CNBC at the Munich Security Conference in Germany Mr Joyce made it clear that there needs to be a better level of understanding of cryptocurrencies risks and benefits before the authorities attempt any form of regulation.
Mr Joyce said: "I think we're still absolutely studying and understanding what the good ideas and bad ideas in that space are. So, I don't think it's close.
“We are worried. There are benefits to the bitcoin concept — digital cash, digital currencies.
https://www.express.co.uk/finance/city/920110/bitcoin-regulation-US-White-House-Munich-Security-Conference-President-Donald-Trump
