According to a White House official, the US government will not implement the regulations for the Bitcoin at any time. In an interview with CNBC, Rob Joyce, special assistant to the president and e-security coordinator at the White House, said that although the government was concerned about the Bitcoin and other public digital currencies, officials were still far from establishing a formal regulatory framework. He added about the regulatory digital currency regulations, saying:
"I think we are still studying and trying to understand what good and bad ideas are in this area. Therefore, I do not think the regulations will be implemented soon "