Elizabeth Warren, the anti-crypto Senator of the United States, is proposing a law that would prevent banks from providing crypto services.
Senator known for his anti-crypto campaigns Elizabeth Warren this time Senate Banking committee members and Senators to prevent banks from entering the cryptocurrency market. From the Financial Supervisory Agency (OCC) entry of banks into the cryptocurrency market prevent them invites the requester to sign his letter.
Part of the banking committee of regulators for cryptocurrencies by issuing legislation Wall Street banks indirectly to enter the cryptocurrency markets. allows and encourages is thinking. The anti-crypto group focuses on the banking system of cryptocurrencies. possibility of risking as explains.
The letter is addressed to the Financial Supervisory Authority, which protects consumers and supports the soundness of the banking system. alternative to develop cryptocurrency regulations FED (US Federal Reserve) and FDIC (Federal Deposit Insurance Corporation) with partnership calls to do.
Letter OCC chairman Michael Hsu to be sent. President Hsu said that despite the spread of cryptocurrencies to traditional financial systems, officials urges to be careful.
It is not known which Senators signed it, as the final version of the letter has not yet been made public, but Senator Warren is also familiar with his past moves. anti crypto known as.
Senator Warren will introduce DeFi to crypto in 2021. most dangerous element described as crypto its role in ransomware He had proposed a bill to investigate.