Senator Warren Calls For More Crypto Regulations

Share post:

U.S. Senator Elizabeth Warren has called on U.S. lawmakers to address the prevalent problems associated with the country’s increasing use of cryptocurrencies, as the country has failed to deliver on its promise to improve the economic lives of Americans.

Instead, she opted for a digital dollar, which she believes could help boost poorer Americans and streamline payment systems, if properly designed.

She said: “Cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis. The threats posted by crypto show that Congress and federal regulators can’t continue to hide out, hoping that crypto will go away. It won’t. It’s time to confront these issues head-on.”

For more information, read the original story in Reuters.

SUBSCRIBE NOW

Related articles

Scammers Exploit DeepSeek Hype: Cyber Security Today

Scammers Exploit DeepSeek Hype with Fake Websites and Crypto Schemes, A Researcher Jailbreaks OpenAI’s o3-mini Model, Bypassing Safety...

Open AI’s Surprise Chip Development: Hashtag Trending for Feb 12 2025

OpenAI’s Secret AI Chip Aims to Break Nvidia Dependence, AI Chatbots Struggle with Facts, BBC Finds in New...

Altman Rejects Musk’s $97.4B OpenAI Bid

Elon Musk’s $97.4 billion bid to take control of OpenAI has been met with a sharp rejection from...

CEOs Panic – Only 2 Percent Think They Are Ready For AI: Hashtag Trending Tuesday, February 11, 2025

97% of CEO’s Surveyed plan to integrate AI but on 2% think they are ready. A study claims...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways