Crackdown on cryptocurrencies?
The central banks say only criminals with money laundering and terrorist financing are in these currencies. They fail to admit that their Fiat money has flooded the world and is becoming worthless with every stimulus plan when debt is created and they need Tax money & financing revenues to prop up their casino system where the GOVERMENTS win all the time with their funny money.
Governments around the world may start to clamp down on the use of bitcoin and other cryptocurrencies, the CEO of a top crypto exchange has warned.
A number of officials — from U.S. Treasury Secretary Janet Yellen to European Central Bank President Christine Lagarde — have sounded the alarm about the use of bitcoin for money laundering, terrorist financing and other illegal activities.
“I think there could be some crackdown,” Jesse Powell, CEO of Kraken, told CNBC in an interview. Cryptocurrencies have surged in value lately, with bitcoin hitting a record high price of more than $61,000 last month. The world’s most valuable digital coin was last trading at around $60,105.