Estimated reading time: 0 minutes, 27 seconds

Elizabeth Warren Warns Crypto is 'Opaque and Volatile'

U.S. Sen. Elizabeth Warren said financial markets and consumers are facing a growing risk due to cryptocurrency’s lack of regulation. So reports Reuters.

warren 4734811 640smallWarren is the chairwoman of the Senate Banking Committee’s Subcommittee on Economic Policy and penned a letter to Gary Gensler, the chairman of the Securities and Exchange Commission (SEC) to express her concerns and lay out some possible paths forward. Warren said she expects a response from Gensler with respect to the SEC’s plan to protect investors by Wednesday, July 28.

Read the full article from Reuters.

Read 432 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.