This week, the crypto community actively discussed Massachusetts Senator Elizabeth Warren’s remarks labeling crypto as a potential threat. Additionally, JPMorgan boss Jamie Dimon voiced a similar sentiment, asserting he would close crypto down if he held governmental power. In response to Warren and Dimon’s statements, Edward Snowden, the former National Security Agency (NSA) contractor and whistleblower, publicly criticized Warren for her inclination towards banks.
Snowden Accuses Warren of Favoring Big Banks in Crypto Tussle
Recently, Democratic Senator Elizabeth Warren of Massachusetts has been advocating for revisions to U.S. banking regulations to encompass cryptocurrencies. Her opposition to crypto has intensified, as evidenced on CNBC’s “Squawk Box,” where she labeled crypto as a “threat” and emphasized that the U.S. government must not let it persist. Lately, Warren has shown increased favor towards the banking sector, even advocating for a central bank digital cu
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