BitcoinWarrior

News and Education

Pro-Crypto Sen. Cynthia Lummis Claps Back At Sen. Elizabeth Warren: ‘Crypto Is Clearly Not The Problem’

U.S. Sen. Cynthia Lummis (R-Wyo.) rebuffed Sen. Elizabeth Warren’s (D-Mass.) claim that crypto is used for nefarious purposes. “Crypto is clearly not the problem,” according to a post on X (formerly Twitter). What Happened: Lummis quoted a snippet from a Congressional hearing at which Warren discussed the use of cryptocurrencies for money laundering, refuting the latter’s claims cryptocurrencies were the main culprit: This comes only a day after Warren cited a report that cryptocurrencies are used to undermine national security. The tweet prompted a harsh response from the cryptocurrency commu…