Crypto is at the crosshair of a U.S. lawmaker – and it’s not surprising.
Sen. Sherrod Brown, Chairman of United States Banking, Housing, and Urban Affairs Committee, suggested on December 18 that federal agencies including the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) should perhaps consider the idea of banning crypto especially following the sudden collapse of crypto exchange FTX last November.
“Maybe banning it, although banning it is very difficult because it will go offshore and who knows how that will work,” The Hill quoted Brown as saying in a report.
