The representative of the government of the United States: we are not yet ready to regulate bitcoin

Before the US government will begin to regulate bitcoin, a long way to go, says Rob Joyce (Rob Joyce), special assistant to the President and White house coordinator for cybersecurity.

Speaking at the Munich security conference in Germany, Joyce stressed the need to better understand the risks and benefits of cryptocurrency, before you embark on any regulatory.

“I think we still completely study and understand what constitutes good ideas and bad ideas in this space. So I don’t think it’s close,” said Rob Joyce on the question of the possibility of state regulation of cryptocurrencies.

Bitcoin is a decentralized virtual currency that is not supported by any Central Bank or organization. Due to the anonymous nature of a bitcoin transaction is often accused that it facilitates financial transactions those who are engaged in illegal activities. The head of the U.S. Treasury Steven Mnuchin (Steven Mnuchin) said earlier that these opportunities cryptocurrency bothered him most.

But Rob Joyce also drew attention to the other side of these qualities — after the theft, such as credit cards, the victim can contact the Bank and promptly to block it. In the case of bitcoin is no place to appeal:

“We are concerned about. The advantages of the concept of bitcoin — digital money, digital currency. But at the same time, if you look at how bitcoin works after a crime has been committed, you can’t turn back the clock and return this currency.”


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