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Battle lines over cryptocurrencies being drawn in Congress


WASHINGTON Lawmakers are sharply divided over the government s approach to the growing popularity of digital currencies.
On one side are Democrats raising alarms about cryptocurrency price manipulation and the risk of digital currencies enabling criminal activity. Republicans have the completely opposite view that policymakers should get out of the way of innovation to allow the U.S. to compete globally.
The last thing we should do is regulate these innovators into oblivion, said Sen. Steve Daines, R-Mont.
But Democrats such as Sen. Elizabeth Warren of Massachusetts echoed other lawmakers concerns about pricing risk that she said could threaten the financial system. ....

United States , Janet Yellen , Jon Tester , Sherrod Brown , Elizabeth Warren , Pat Toomey , Roger Williams , Steve Daines , Cynthia Lummis , Ritchie Torres , Facebook Diem , Senate Banking Committee , Senate Democrats , House Financial Services , Federal Reserve , Republican Cynthia Lummis , Senate Banking Committee Chairman Sherrod Brown , Secretary Janet Yellen , Bloomberg News , Colonial Pipeline , Financial Innovation Caucus , ஒன்றுபட்டது மாநிலங்களில் , ஜான் சோதனையாளர் , ஷெரோட் பழுப்பு , எலிசபெத் வாரன் , பேட் டூமி ,

Battle lines over cryptocurrencies being drawn in Congress


WASHINGTON Lawmakers are sharply divided over the government s approach to the growing popularity of digital currencies.
On one side are Democrats raising alarms about cryptocurrency price manipulation and the risk of digital currencies enabling criminal activity. Republicans have the completely opposite view that policymakers should get out of the way of innovation to allow the U.S. to compete globally.
The last thing we should do is regulate these innovators into oblivion, said Sen. Steve Daines, R-Mont.
But Democrats such as Sen. Elizabeth Warren of Massachusetts echoed other lawmakers concerns about pricing risk that she said could threaten the financial system. ....

United States , Janet Yellen , Jon Tester , Sherrod Brown , Elizabeth Warren , Pat Toomey , Roger Williams , Steve Daines , Cynthia Lummis , Ritchie Torres , Facebook Diem , Senate Banking Committee , Senate Democrats , House Financial Services , Federal Reserve , Republican Cynthia Lummis , Senate Banking Committee Chairman Sherrod Brown , Secretary Janet Yellen , Bloomberg News , Colonial Pipeline , Financial Innovation Caucus , ஒன்றுபட்டது மாநிலங்களில் , ஜான் சோதனையாளர் , ஷெரோட் பழுப்பு , எலிசபெத் வாரன் , பேட் டூமி ,

Brown wants CFPB to investigate reports of Chime account closures