US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation
The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra. U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying “I just want to make certain as you exercise those oversight responsibilities that we don't stifle innovation in this arena.”“Digital ledger technology offers a tremendous amount of promise in terms of financial....
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