Elizabeth Warren mentioned Decentralized Finance, crypto-enabled cyber attacks, and threats that stablecoins pose as risks to the financial system in a letter to Treasury Secretary Janet Yellen.
It’s been 2 months now since she compared cryptos to wildcats in notes issued in the past. It was during a hearing on digital currencies. More so, it was the first time that U.S. lawmakers put Bitcoin on trial in a Senate CBDC Hearing.
However, the U.S lawmaker is back again. But this time she is going a bit hard on the crypto industry. She is urging the government to form a regulatory strategy to decrease the growing risks that cryptos pose to the financial system.
In addition, Warren w…
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