According to CoinDesk, at a White House press conference on Monday, White House press secretary Karine Jean-Pierre said that the Biden administration is closely monitoring the situation at Silvergate Bank and comparing it with that of other crypto companies. Biden has called on Congress to take action in this area. Jean-Pierre pointed out that some crypto companies have "experienced major problems" in recent weeks, and federal banking regulators have warned that cryptocurrencies may pose risks to banks and other financial institutions. President Biden has repeatedly called on Congress to take action to protect Americans from the risks posed by digital assets, and he will continue to do so in the future.
See original
White House spokesman: The government is closely monitoring the Silvergate situation, and Biden has called on Congress to take action
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
