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White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX

In a Nov. 10 press briefing, White House Press Secretary Karine Jean-Pierre said Biden was aware of the ongoing situation with the crypto market, hinting at FTX’s liquidity crisis. According to the press secretary, the administration and financial agencies will “closely monitor” developments.

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Source: Cryptocurrency - investing.com

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