The chairman of the US Senate Banking Committee "told federal agencies need to address cryptocurrency market and 'maybe' ban it", reports the Hill"after the high-profile crash of the FTX cryptocurrency market last month."
Sen. Sherrod Brown (D-Ohio) told NBC's "Meet the Press" moderator Chuck Todd that the Treasury Department and "all the different agencies" need to get together and weigh in on any possible action related to the oil market. cryptocurrencies. "Maybe ban it, although banning it is very difficult because it's going to go overseas and who knows how it's going to work," Brown said...
Brown said on Sunday that the cryptocurrency market is a "complicated and unregulated mine of money" and that the problem was much bigger than FTX. โSo we have to get this right,โ the senator said, adding that he has spoken with the Treasury Department to do an assessment related to regulatory agencies. "I've spent much of the last eight and a half years in this job as chair of the Committee on Banking, Housing and Urban Affairs," Brown added, "educating my colleagues and trying to educate the public about cryptocurrency and the dangers that come with it." . presents to our security as a nation and to the consumers who are deceived by them."
