US Senator Accuses Encryption Industry of Misusing "Revolving Door," Coinbase Counters: Don't Be a Historical Culprit!
US Senator Accuses Encryption Industry of Misusing "Revolving Door," Coinbase Counters: Don't Be a Historical Culprit!
US Senator Accuses Encryption Industry of Misusing "Revolving Door," Coinbase Counters: Don't Be a Historical Culprit!

Last week, US Senator Elizabeth Warren released an open letter accusing cryptocurrency companies of employing a small army composed of former officials from the Department of Defense, the National Security Agency, and law enforcement agencies, thus forming a “revolving door” system to resist regulation and undermine the efforts made by Congress and the Biden administration to address the issues surrounding cryptocurrency. Elizabeth Warren concluded in the letter:

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Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.

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