The US congressman made statements that it seems unlikely that cryptocurrencies and Bitcoin (BTC) will be banned in the near future.
US policymakers continue their discussions about the present and future of cryptocurrencies. September 4 In an article published in the New York Times, the Democratic Party representative Brad Sherman‘s assertive words about cryptocurrencies were included. Although Sherman is known for being anti-cryptocurrency, according to the representative A ban seems unlikely in the near future..
I don’t think we will see a ban anytime soon. US crypto lobbyists use this business in aid campaigns and sponsorships. For this reason, there is no point in waging a war against the lobbies. Since we did not know the importance and maturation process of cryptocurrencies in the early stages, we did not ban them and we do not ban them now because there is a lot of money and power behind them now.
Like most cryptocurrency critics, Sherman individual investors She says she is worried about being a victim of fraud. But since crypto poses a more systemic threat, Sherman said. criminals and human rights abusers He complains about the possibility. It also worries that it poses an unknown threat to the financial system and could undermine the dominance of the US dollar.
In the example of Sherman’s speech, the recently banned and thought to belong to North Korean cybercriminals Tornado CashHe’s talking about. Referring to the necessity of state intervention in such cases, the representative wants to prevent cryptocurrencies from turning into a place where criminals can hide behind.
Although the representative of the Democratic party does not hesitate to voice his opinions against cryptocurrencies, he seems to be aware that it is not possible to ban them radically at the moment.