Dude, it's like a joke. America is still on fire and is still dealing with cryptocurrencies. There are nearly 20 million unemployed people in their country. Mexico, California, they are passing to America illegally in every region, but people are worried about crypto. Here are the details;
Four nominees for regulatory positions in the Biden administration were questioned by the Senate Banking Committee during their confirmation hearings. The cryptocurrency issue has come up multiple times, including during U.S. Securities and Exchange Commission (SEC) commissioner Caroline Crenshaw's questioning of Bitcoin trading products.
Crenshaw told senators that he was reluctant to approve products traded on the Bitcoin exchange earlier this year due to high levels of fraud in crypto markets. Even though the SEC lost its court battle with Grayscale and changed its stance on Bitcoin spot exchange-traded funds (ETFs), Crenshaw remained negative on such trading products. He expressed concern that these products could undermine investor protection.
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