US regulators vow to be on guard for bitcoin risks

Financial Times, Dec 15, 2017
by Barney Jopson and Robin Wigglesworth

US regulators including several Trump appointees have vowed to be on guard for financial stability risks posed by bitcoin as its rocketing value triggers a wave of investor interest in cryptocurrencies.

A group that includes the Treasury department and the Federal Reserve used its first annual risk assessment of the Trump era on Thursday to declare that financial watchdogs were focused on potential dangers posed by the volatile virtual currency.

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