During a Senate hearing on May 31, Elizabeth Warren highlighted the extensive utilization of cryptocurrency in the Chinese fentanyl trade. Senator Warren, a prominent figure in the Senate Banking Committee, referenced data from research firm Elliptic, which uncovered over 90 Chinese businesses involved...
Cryptocurrencies remain controversial in traditional investment circles, with volatility being a major concern. Still, early adopters of crypto accepts like bitcoin (BTC) or ethereum (ETH) have posted high returns on investment. In 2018, Warren Buffer said bitcoin is “probably rat poison squared.” However,...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent interview with CNBC, Warren Buffett stated that he dumped his shares in many banks because their management was taking “dumb” risks and employing fraudulent accounting to...
In a recent CNBC interview, Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, shared his thoughts on bitcoin (BTC) and likened it to gambling. Buffett is known for his exceptional investing prowess and has amassed a considerable fortune over the years....
Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez are questioning some of the largest depositors of the now-fallen Silicon Valley Bank (SVB), including USDT issuer Circle and bankrupt BlockFi. The lawmakers are seeking information about the companies’ relationship with SVB. The lawmakers sent letters...
A growing coordinated attack against bitcoin (BTC) and the wider cryptocurrency industry has recently intensified, with U.S. Senator Elizabeth Warren (D-Mass.) expressing hostility towards digital assets. Key stakeholders in the industry, however, have been inadvertently providing ammunition to detractors by engaging in activities...
US Senator Elizabeth Warren has once again voiced her opposition to the cryptocurrency industry, calling for increased government regulation or even elimination of the sector. During the FTX exchange’s demise, she stated that this should serve as a wake-up call to the Justice...
Senator Elizabeth Warren is pushing for the reintroduction of a bill that would extend anti-money laundering (AML) regulations to decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) platforms. Warren argues crypto AML exemption is a danger At the Senate Banking Committee’s hearing on...
US senator Elizabeth Warren, known as a formidable crypto opponent, believes that the industry fears strong regulation from SEC. Senator Elizabeth Warren of Massachusetts, while participating in a YouTube live stream, spoke strongly against the cryptocurrency sector. She urged the Security and Exchanges...