Tag: crypto

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Elizabeth Warren Says ‘Wild West’ of Cryptos Needs Regulation

U.S. Senator Elizabeth Warren on Wednesday called on U.S. policymakers to directly deal with the issues she argues is presented by the growing use of cryptocurrency, while supporting a Federal Reserve-backed digital currency. Warren called it a “terrible currency” that’s really only useful to “criminals” and speculative investors she said in a Senate subcommittee hearing on the possibility of a central bank digital currency.