Senator Warren Opposes Cryptocurrency Lobbying Efforts in the US

Senator Elizabeth Warren opposed the Blockchain Association’s lobbying efforts for cryptocurrencies in the United States.

In her letter to Blockchain Association CEO Kristin Smith, Senator Warren said: “I am writing about a report that your association is trying to undermine efforts by Congress and the Biden administration to address the role cryptocurrencies play in financing Hamas and other terrorist organizations.” said.

US lawmakers say Hamas is trying to raise money How much cryptocurrency you use He called on President Biden and Treasury Secretary Yellen to evaluate it.

Warren, “But the crypto industry’s response appears to be emphasizing delaying and rejecting new rules that would restrict the use of crypto by terrorists and criminals.” said.

Senator, working on behalf of the Blockchain Association former members of Congress and government officials list, their responsibilities, whether they have experience with cryptocurrencies at the federal level, and the Biden administration’s who they talked to he wants to learn.

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