US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transa...
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With Crypto’ U.S. Senator Elizabeth Warren questioned U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler about several issues regarding cryptocurrency at the Senate Banking Committee....
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U.S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U.S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory gaps.” US Senator Warren Presses SEC to Step Up Crypto Oversight U.S. Senator Elizabeth Warren, who chairs the Senate Banking Committee’s Subcommittee on Economic Policy, warned Thursday of the growing risks posed by the cryptocurrency market. She also blasted the SEC for the lack of....
Prominent figures in the crypto community have come forward to address comments made by Senator Elizabeth Warren. In a letter to Treasury Secretary Janet Yellen, Senator Warren spoke of the risks associated with crypto, calling on Yellen to introduce a “comprehensive and coordinated framework.” In other words, to bring tougher regulation that would more than […]
U.S. Senator Elizabeth Warren has been a known crypto adversary. She claims Bitcoin and cryptocurrencies have a negative impact on the environment and facilitate cyber-attacks. She has taken a new step that could change this industry. In a letter to the U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, Warren called for “properly” regulations […]
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren. Democratic Senator Elizabeth Warren, known by many as an outspoken cryptocurrency skeptic in the U.S. government, criticized outages at exchanges and high transaction fees during periods of price volatility.In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs with Securities and Exchange Commission chair Gary Gensler, Warren claimed the crypto industry had fallen short on providing solutions for financial inclusion in the United States. She....
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt the proper regulatory regime for these assets, the more likely they will become so intertwined in our financial system that there could be potentially serious consequences if this market comes under stress.” Senator Warren Wants Quick Regulatory Response to Crypto Risks U.S. Senator Elizabeth Warren wrote a letter to Treasury Secretary Janet....