Bitcoin (BTC) needs to be as highly regulated as SWIFT, commented US Secretary of State Mike Pompeo in an interview with CNBC Squawk Box. Pompeo mentioned the terrorism threat following 9/11 as one of the chief drivers of stricter money regulation.
Pompeo’s views echo those of US Treasury Secretary Steven Mnuchin, who views BTC as a tool used to launder money much more often in comparison with fiat currency.
“Look, the risk with anonymous transactions is one that we all know well. We know this from 9/11 and terror a...