Sheila Bair, Former President of the Federal Deposit Insurance Corporation (FDIC), said Friday at CNBC channel Jan. 19 that there is no precedent for banning Bitcoin (BTC) as an asset, but there is a need for additional regulation of digital currencies.

Bair had already written a December 2017 op-ed on Yahoo along the same theme of more regulation without any prohibition against BTC

In the interview "Fast Money" Friday, Bair reiterated that, "we do not ban assets", crypto market regulation is necessary to prevent both

Bair looks favorably at CBOE's and CME's recent releases on contracts term Bitcoin, saying: