Watch Steven Mnuchin's Surprise Press Conference on Cryptocurrency

The US Treasury Department made the surprise announcement on Monday that Secretary Steven Mnuchin would hold a press conference to address cryptocurrency regulation.

Mnuchin's press conference, which began around 2 pm ET, comes amid a flurry of controversy triggered by Facebook's announcement that it would spearhead a cryptocurrency project, dubbed "Libra."

Even President Trump weighed in on the controversy, ranting that he is "not a fan" of Facebook's LIbra ambitions - or bitcoin, for that matter.

Livestream: Steven Mnuchin Speaks on Crypto Regulation

Watch the live-stream here, courtesy of Fox Business:

Click here to monitor the bitcoin price as Secretary Mnuchin addresses crypto.

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About the author

Josiah Wilmoth
Josiah Wilmoth

Josiah is the US Editor at CCN, where he focuses on financial markets and cryptocurrencies. He has written over 2,000 articles since joining CCN in 2014. His work has also been featured on ZeroHedge, Yahoo Finance, and Investing.com. He holds bitcoin, but does not engage in day trading. He lives in rural Virginia. Follow him on Twitter @y3llowb1ackbird or email him directly at josiah.wilmoth(at)ccn.com.

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