Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […]
Source: https://news.bitcoin.com/us-senator-sounds-alarm-on-3-major-crypto-threats-could-digital-assets-be-in-danger/