The Trump administration has said it is keeping an eye on cryptocurrencies like bitcoin in the wake of its recent explosive price jumps, CoinDesk reported.
White House press secretary Sarah Sanders said during a press briefing session that “Bitcoin (Bitcoin) and other cryptocurrencies are something that is being monitored by our team."
In response to a reporter's question on whether the U.S. government is planning for cryptocurrency regulations, Sanders mentioned that there is no specific announcement on the topic right now.
She added that the issue had been brought up in a meeting earlier this week by Tom Bossert with the homeland security team.
She continued: "I know it's something that he's keeping an eye on. And we'll keep you posted when we have anything further on it."