Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report
Senator Elizabeth Warren has urged the U.S. Treasury and the Federal Reserve to explicitly rule out any potential bailout for Bitcoin and other cryptocurrencies as their prices continue to decline. In light of recent market volatility, Warren expressed concerns about the risks posed to investors and the broader financial system. She emphasized the need for regulatory clarity to prevent taxpayer money from being used to support failing digital assets. The call for a definitive stance comes amid growing scrutiny of the cryptocurrency market and its impact on the economy.
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