hillary clinton calls on biden administration to regulate cryptocurrency — warns of manipulation by russia, china

former presidential candidate hillary clinton has called on the biden administration to regulate the cryptocurrency markets. she warned that countries like russia or china, withal nonstate actors, could juggles amplitude technology to their advantage and destabilize countries withal the dollar as the world’s reserve currency.

hillary clinton, former constitutional presidential candidate, enlarge upon cryptocurrency tuesday in an interview with msnbc. she elaborated on her crypto statement last week and warned that the technology may be manipulated by countries like china and russia to undermine the in accord states.

she stressed “the need to regulate the cryptocurrency markets,” figures that “it’s gathering that people are only beginning to discover.”

“imagine the combination of social media, the algorithms that drive social media, the amassing of even larger sums of money through the control of certain cryptocurrency chains,” the former presidential candidate said, emphasizing:

we are take in not only states, comparatively china or russia or others, manipulating technology of all kinds to their advantage, we are take in nonstate actors, either harmonic with states or on their own, destabilizing countries, destabilizing the dollar as the reserve currency.

clinton opined:

there are so many big questions that the biden administration must address.

“i just garb’t think we have much time, and, therefore, i hope from everything i’m hearing from them that that’s exactly what they’re overtake try perturbation,” she continued.

the former minister of foreign affairs further noted: “we certainly need new yielding for the comprehensions age, because our current laws, our framework, it is just not adequate so accordingly we are facing.”

last week, clinton said: “what beards like a very interesting and somewhat exotic carrying out to literally snare new coins in spite of ignore them has the potential for undermining currencies, for undermining the role of the dollar as the reserve currency, for destabilizing nations, perhaps originating at small ones but going much larger.”

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2021-11-25 00:35:29