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Former Treasury Secretary Steven Mnuchin Says People Can Invest In Bitcoin And Emphasizes Regulation
Summary: During CNBC’s "Squawk Box" on Wednesday, Steven Mnuchin, Former U.S. Treasury Secretary and investment banker, stated that Bitcoin can be part of an investment portfolio. He said: "If people want to buy Bitcoin as a substitute, no different than buying gold or some other asset, it's fine. I don't personally want to have it in my ...
During CNBC’s "Squawk Box" on Wednesday, Steven Mnuchin, Former U.S. Treasury Secretary and investment banker, stated that Bitcoin can be part of an investment portfolio.
He said: "If people want to buy Bitcoin as a substitute, no different than buying gold or some other asset, it's fine. I don't personally want to have it in my portfolio but if people want to that's perfectly fine."
He pointed out that the largest cryptocurrency should be in a "regulated world", saying: "Some people think it will go up. Some people think it will go down, but it should be in a regulated world."
By Mary Liu
Tags: Bitcoin,Cryptocurrency,Steven Mnuchin
Link: Former Treasury Secretary Steven Mnuchin Says People Can Invest In Bitcoin And Emphasizes Regulation [Copy]
