The post “Crypto is a Threat Out There” – Says US Senator Elizabeth Warren appeared first on Coinpedia Fintech News
US Senator Elizabeth Warren expressed strong reservations about the role of cryptocurrencies in the global landscape. During her appearance on CNBC’s Squawkbox Newsmaker, Senator Warren described cryptocurrency as a significant threat, implicating it in various illicit activities including terrorist financing and drug trafficking.
Senator Warren’s perspective aligns with the broader concerns about the unregulated nature of cryptocurrencies. She specifically highlighted the use of digital assets by criminals and terrorists, citing North Korea’s alleged reliance on cryptocurrency to fund its nuclear weapons program. Her stance echoes the sentiments of JPMorgan CEO Jamie Dimon, who also expressed deep opposition to cryptocurrencies.
NEW — Senator Elizabeth Warren says, “There’s a new threat out there, it’s crypto,” and “it is being used for terrorist financing
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