Biden Admin Issues Warning About Cryptocurrency
White House officials Brian Deese, Arati Prabhakar, Cecilia Rouse and Jake Sullivan penned a letter Friday as a “roadmap to mitigate cryptocurrencies’ risks.” In light of strenuous implosions and collapses across the crypto market in 2022, they vowed on behalf of the Biden administration to continue to ensure cryptocurrencies cannot undermine financial stability, to protect investors, and to hold bad actors accountable. “Congress could also make our jobs harder and worsen risks to investors and to the financial system,” the letter reads....