Today, Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, issued the following statement regarding President Biden’s executive order on digital assets.
“It’s imperative we strengthen our financial resilience and national security right now. That includes protecting Americans from the risks of crypto to our economy and ensuring crypto can’t be used to skirt the law,” said Brown. “The President is right to take a whole-of-government approach to addressing cryptocurrencies and considering a central bank digital currency. I look forward to working with the Administration and my colleagues in Congress to protect consumers, expand financial inclusion, and safeguard our national security.”
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