11.06.18
Phillips: Treasury Developing Cryptocurrency Regulatory Report
by: Patrick Temple-West
The Treasury Department is developing a report on cryptocurrency regulation, including a legislative framework for Congress to consider next year, according to Craig Phillips, counselor to Treasury Secretary Steven Mnuchin. Speaking at Georgetown University's law school, Phillips said his agency is working with other financial regulators to write a white paper on digital currencies. “We aren't anxious to have more legislation and regulation, but probably having parameters of what it should address if there is legislation is important,” Phillips said. “We hope to lay out a framework sometime early in the next year.”
Read the full article on Politico Pro