Senator Elizabeth Warren: Crypto is the “New Threat Out There”

US Senator Elizabeth Warren expresses concern about the potential misuse of cryptocurrency, citing its alleged involvement in activities such as financing illegal organizations and facilitating illicit transactions. Warren emphasizes the need to address these issues to prevent further misuse and criminal activities.

Her stance aligns with that of JPMorgan CEO Jamie Dimon, who recently stated his inclination to restrict crypto activities if in a government position. The US Government remains divided on the future of cryptocurrency, with some supporting its development and others advocating for preventive measures. Senator Warren consistently voices her reservations regarding crypto's role in criminal activities during this ongoing debate.