Tags : Warren

Regulation

Senator Elizabeth Warren says crypto might need a ‘bailout’ if

In her interview with Bloomberg, Senator Elizabeth Warren warned about major risks surrounding the ongoing expansion of crypto as she called for stricter market regulation. While admitting that the biggest upside to crypto could be a democratization of access to the financial system, she warned that, if left unregulated, cryptocurrencies pose a systemic threat and […]Read More

Bitcoin

Warren Buffett’s ‘right-hand man’ says Bitcoin is “disgusting”

Charlie Munger, vice chairman of American holding company Berkshire Hathaway, lambasted Bitcoin during the firm’s annual shareholder meeting yesterday, calling it a “disgusting” financial product that was invented “out of thin air.” “Of course I hate the Bitcoin success,” said during a Q&A session, adding, “I don’t welcome a currency that’s so useful to kidnappers […]Read More