U.S. Senator Elizabeth Warren Slams Cryptocurrencies, Sees Potential In CBDC

What happened? During a Senate Banking Committee meeting Wednesday centred around discussing a U.S. government-backed CBDC, U.S. Senator Elizabeth Warren heavily criticised cryptocurrencies, going as far as to label them as a “fourth-rate alternative to real currency.” Sen. Elizabeth Warren says cryptocurrencies need more regulation. “What’s happening right now…it’s a Wild West out there,” she […]