Elizabeth Warren Says Current Crypto Regulation ‘Supercharges’ Trump’s ‘Corruption’ And Puts ‘Economy At Risk’
Sen. Elizabeth Warren (D-Mass.) reiterated the necessity for strong cryptocurrency regulation Sunday, criticizing the current method as a corporate giveaway that “supercharges” President Donald Trump’s corruption.
Don’t Need Regulation Written By Crypto Industry, Says Warren
Warren posted her interview with MSNBC, in which she discussed the current state of cryptocurrency legislation.
“Look, we need crypto regulation, but we don’t need the regulation written by the crypto industry that supercharges this kind of corruption,” Warren argued. “We need regulation that limits the corruption in the ability of elected officials to trade in it.”
The senator also voiced concerns about the potential misuse of cryptocurrency by “terrorists and drug traffickers” and the need for strong consumer protection in the law.
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