After bitcoins wild week, Randy Quarles says cryptocurrency regulation is worth thinking about. It is 8 00 a. M. This is Bloomberg Markets middle east. There was plenty going on in United States markets on friday. Take a look at the fix. The volatility index. It jumped almost 30 on news that Michael Flynn pled guilty of lying to the fbi. By the end of the day, it was up only. 33 . A lot of like to save havens. Wells fargo reckoning that Political Risk is he getting to see into United States stock. Seep intong to United States stock. Take a look at the semiconductor index. This is one of the hottest trades out there. Down 1 on friday. That is after all and percent on wednesday. Nasdaq down 127 points on friday. Now, let us talk about u. S. Taxes. That was a big story over the weekend as well. The tax bill really coming down to the wire. The senate barely passing among senate republicans. They were scribbling in the margins on the legislative proposal. They managed to get it done. ,e hav