RATE Group | Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations
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Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations

19 Feb Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations

Posted at 00:49h in Bitcoin News by

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Mike Bloomberg's 2020 Finance Policy Proposes Strict Bitcoin Regulations

The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.”

Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin

Mike Bloomberg’s 2020 Financial Reform Policy Discusses Intensifying Crypto Regulation

Michael Bloomberg, former New York City mayor and the creator of the financial news operation Bloomberg LP, recently published his Financial Reform Policy. It’s the type of policy that would be enacted if Bloomberg was elected President after the 2020 U.S. election. The nine-page document discusses how Bloomberg would tackle the American economy if he was elected and he wholeheartedly believes “finance should serve the American people.” Much…

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