Top currency regulator says to expect ‘clarity’ in coming weeks on bitcoin

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One of the United States’ top financial regulators said Thursday that new regulations on bitcoin and other cryptocurrencies were coming soon, but he downplayed concerns that the new rules would be disruptive.

Brian Brooks, the acting comptroller of the currency, told CNBC’s Melissa Lee on “Squawk Box” to expect “clarity” on cryptocurrency in the next six-to-eight weeks but said “nobody’s going to ban bitcoin.”

“We’re very focused on getting this right. We’re very…



Source cnbc.com

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