Elizabeth Warren
Bitcoin Price Seesaws in Tight Range Into the Weekend
Another quiet week for bitcoin as buyers and sellers appear to be in a stalemate. Bitcoin's prices have been caught between $31K and $36K since at least June 21. CoinDesk's Christie Harkin and Brad Keoun review the week's events that potentially drove BTC movements and discusses Sen. Elizabeth Warren's warning to the SEC regarding crypto regulation. Plus, Jack Dorsey's Square is launching a bitcoin hardware wallet.
What Does It Mean When Bank Regulators, IMF, US Lawmakers Caution Against Bitcoin?
The Basel Committee is asking banks to increase capital requirements for bitcoin exposure, and the International Monetary Fund (IMF) is cautioning against bitcoin risks. U.S. lawmakers are also critical of bitcoin, with Massachusetts Senator Elizabeth Warren urging the government to confront crypto threats “head-on.”
Elizabeth Warren, US Lawmakers Put Bitcoin on Trial in Senate CBDC Hearing
CoinDesk’s Nikhilesh De on the main takeaways from Wednesday’s Senate Banking Committee hearing where Massachusetts Senator Elizabeth Warren and other lawmakers grilled four witnesses about bitcoin and their views on whether to develop a U.S. Central Bank Digital Currency (CBDC) or “digital dollar.”
