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The Daily Hodl 2021-11-23 12:45:23

Top Banking Regulator Nominee Concerned About Tech Giants Controlling Crypto, Undermining Economy: Report

Saule Omarova, President Joe Biden’s nominee for Comptroller of the Currency, is troubled by the prospect of the US dollar being circumvented and replaced by private digital currencies. While giving testimony before the Senate Banking Committee, the Cornell Law School professor says she is particularly concerned that big tech companies might utilize cryptocurrencies to consolidate […]The post Top Banking Regulator Nominee Concerned About Tech Giants Controlling Crypto, Undermining Economy: Report appeared first on The Daily Hodl.

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