Senator Elizabeth Warren in her recent submission to the US Senate Banking, Housing, and Urban Affairs Committee has urged regulators to place a lid on the burgeoning DeFi sector by paying more attention to stablecoins.DeFi is the most dangerous space in cryptoWhile describing DeFi, the U.S Senator said decentralized finance is the most dangerous niche in crypto.To her, it is a … [Read more...] about Senator Warren calls DeFi the most dangerous space in crypto
Dangerous
‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu
The cryptocurrency industry thrives on constant, ever-evolving innovation. But when it comes to stablecoin development, “that is not what you want,” according to Acting Comptroller of the Currency Michael Hsu.In an interview with CoinDesk TV Monday, Hsu, who is the administrator of the U.S. federal banking system and CEO of the Office of the Comptroller of the Currency (OCC), … [Read more...] about ‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu
Crypto is the most dangerous investment, Bank of Russia governor says
The Bank of Russia continues its tough stance on cryptocurrency trading despite growing concerns over the country missing out on the digital asset industry. The governor of Russia’s central bank, Elvira Nabiullina, reiterated the bank’s negative stance on crypto in a Monday interview with Komsomolskaya Pravda, arguing that crypto is one of the most dangerous investments that … [Read more...] about Crypto is the most dangerous investment, Bank of Russia governor says