Warren 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.
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.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-