Wednesday December 18, 2024

US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

by Bitcoin.com October 15, 2024 1 min read

(Originally posted on : Bitcoin News )

Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […]

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