Senate President Answers: Is Bitcoin and Cryptocurrency Ban on the Table in the USA?

Senator Sherrod Brown, Chairman of the US Senate Banking Committee, stated that he supports banning cryptocurrencies, but this is quite difficult due to the globality of the industry.

Senator Sherrod Brown December 18 In an interview with NBC on , the FTX bankruptcy and corruption involving former CEO Sam Bankman-Fried USA of the authorities perspectives on cryptocurrencies. how it affects answered questions about it. Brown, cryptocurrencies audit and follow up to do difficult stated that. Senator cryptocurrencies to be banned good a choice may be But the cryptocurrency industry spherical structure Because of this possibility, low stated that.

Brown, cryptocurrencies control of strength is and this situation live female to get things done good a vehicle He stated that he wanted to be. Cryptocurrencies due to their exploitable nature National security for a threatening as the senator, North Korea’s cyber crime from their activities drugs to smuggling, people from smuggling up to terrorism through cryptocurrencies of many activities can be funded suggested.

Brown has spent the last 18 months working with his colleagues and the public on cryptocurrencies. dangers about to raise awareness He stated that he had been working. In addition, according to the information given by the senator, at the end of November, the US Treasury Secretary Janet Yellen He met with the company and told the institution that crypto money companies take control called for it to be necessary. U.S. Securities and Exchange Commission (SEC)Commodity Futures Trading Commission (CFTC) and The Banking Committee Noting that he received his plans and thoughts on cryptocurrencies, Brown said that the SEC has particularly aggressive a policy watched and recently all institutions political approach about him-her-it follow-up will highlighted that it looks like

Sherrod Brown on the regulations of FTX bankruptcy It won’t be very effective. because institutions already aware of the dangers He also repeated the statements he had made in the recent past.

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