Elizabeth Warren presses Janet Yellen, regulators to address 'growing threats' in crypto market

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Sen. Elizabeth Warren on Tuesday urged Treasury Secretary Janet Yellen to make crypto markets safer.

"Cryptocurrencies and other digital assets do pose significant risks currently, and the risks they pose increase as they permeate the traditional financial system and more and more people invest," Walch told lawmakers in written testimony. Her Twitter biography advises readers to "own no crypto."

Warren's letter is the latest in a recent string of calls from Capitol Hill for stricter market regulation. Perhaps the most high-profile example came in February, when lawmakers on both sides of the political aisle peppered executives from brokerage Robinhood, social media website Reddit, market maker Citadel and video-game retailer GameStopRegulating crypto markets has proven trickier task, however, given both the sheer number of different assets as well as the novelty of the technology behind digital currencies.

The Council's job is to identify risks to the financial industry and coordinate a regulatory response across Cabinet departments and other agencies, since no single regulator is responsible for monitoring and addressing overall risks to financial stability. The SEC, under the new leadership of Chair Gary Gensler, is currently weighing whether to approve exchange-traded

 

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It's not a threat until it became. sleep walking JoeBiden

What about the publicly traded stocks that have over 70% of their volume traded through dark pools? Where’s the transparency in that? Where’s the protection for retail traders who don’t have access?

US has already lost to China ...

Building a narrative for planned cyber attacks

Warren, you’d be happy living in China. Go there, you deserve it.

Get out of the way ladies the btc train has left the station

Done with your fud

We really going to trust a generation of old fucks who need help with email to push technology into the future?

The only threat is un-educated politicians who fail to understand the technology. That is until they are making money off 'enforcing' the space

Theres no threat, but this pseudo-socialist in trying to save the petro-dollar

thebearablebull Vaxx Off Janet!

Warren's at the bottom side, of over the hill. She's old, out of touch and needs to quit.

Looking for a purpose.

SenWarren why do you care what I do with my money? 🤔 is it because it affects yours?🖕🤔

Neloangelo314

Neloangelo314 Can y'all please vote out SenWarren soon? Thanks

CNBC is a threat to society, they can still influence intellectually challenged people and there are way to many of them.

why doesn’t ewarren investigate SpeakerPelosi and her husbands trades ?

Only worried her banking mates.. Go away granny go knit a sweater..

THEXRPBULLY 💩💩

THEXRPBULLY ewarren shut up Karen

The only growing threat are people waking up to the fraud of fiat currency.

thebearablebull What threat? Oh you mean the old men at the banks who fck over the middle class.

thebearablebull buy $WSG now. 🔥🔥🔥🚀 🔹it will be next 200x HUGE potential incoming. 🔥 🔹25000% within a week. 😱 🔹it will take TOP 100 spot soon. 😳 🔸BUY and HODL🔸 WSGToken BULLISH SKILL AXS BNB BSC WSG

🦕 🦖

BakkupBradley Fed and the dollar are gonna be worthless lmfao

She spent her life being paid by the banks and traditional finance She now uses her power to prevent the people from freeing themselves from their grip and their fees

She will not be re-elected if she goes against crypto!

BakkupBradley Pocahontas.😂

She is mad, I can’t believe if this thing is responsible for our future

BakkupBradley The only threat is rug pulls. Get rid of the shady crypto companies and you get rid of the threat. Accountability would solve that almost instantly.

SquawkStreet Talk about political suicide!

She support their Comunist Friends.

Who wants to break down small opportunities against poverty? Elizabeth.

AI systems will make pretty easy task of unraveling Crypto accounts

Elizabeth Warren probably missed the dip and wants to accumulate a little?

السوق الامريكي رائع لديه اسم سوف تدبل 🚀✅✅ منها سهم $pixy

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