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Elizabeth Warren compares 'bogus' crypto to 'legitimate' CBDCs in senate hearing

At a Wednesday session of the Senate Banking Committee discussing a U.S. government-backed central bank digital currency, or CBDC, Warren said the recent explosion in cryptocurrencies had helped many people understand the foundational technology on which digital currencies were based. However, she called crypto a “fourth rate alternative to real currency.”

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Source: Cryptocurrency - investing.com

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