Hillary Clinton lashes out again: now she asks Biden to regulate crypto, that Russia and China manipulate them

Hillary Clinton lashes out again: now she asks Biden to regulate crypto, that Russia and China manipulate them

Hillary Clinton lashes out again: now she asks Biden to regulate crypto, that Russia and China manipulate them By Daily EditorBitcoin

Former US Secretary of State and former Democratic candidate Hillary Clinton calls on the Biden administration to regulate cryptocurrencies.

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Hillary Clinton appears to be campaigning against cryptocurrencies. Last week he declared in the Bloomberg New Economy Forum that crypto could undermine the role of the US dollar as a world reserve currency and destabilize nations.

Now it goes further. The former Democratic presidential candidate and former secretary of state told the administration of US President Joe Biden (also from the Democratic party) that regulates the cryptocurrency markets. He warned that countries like Russia or China, as well as non-state actors, could manipulate all kinds of technology to their advantage and destabilize countries, as well as the dollar as a world reserve currency.

In an interview with MSNBC he emphasized “The need to regulate cryptocurrency markets”, and noted that “It’s on the horizon that people are only beginning to pay attention to.”

Danger in Russia and China

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

We are looking not only at states, such as China or Russia or others, manipulating technology of all kinds for their benefit, we are looking at non-state actors, either in concert with states or on their own, destabilizing countries, destabilizing the dollar like the reserve currency.

In addition, Clinton opined: “I just don’t think we have a lot of time, and so I hope from everything I’m hearing from them that that’s exactly what they’re going to try to do.”

The former Secretary of State also noted: “We certainly need new rules for the information age, because our current laws, our framework, simply is not adequate for what we are facing.”

On video

MSNBC summarizes on Twitter and shows part of the video:

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Hillary Clinton on cryptocurrency regulation: “We are looking not only at states like China or Russia that manipulate technology of all kinds for their benefit, we are looking at non-state actors … destabilizing countries, destabilizing the dollar as the reserve currency.”

Sparse antecedents

It is worth noting that until his statements last week, Clinton had spoken little about cryptocurrencies.

In September 2018, he simply confirmed that he did not own any Bitcoin by answering a series of quick questions. However, in 2016 her husband, former President Bill Clinton, had received a BTC from the hands of venture capitalist and technology entrepreneur, Matthew Roszak, who gave the former president the gift.

Also, according to an email published by Wikileaks In 2016, Hillary Clinton’s top presidential campaign aides scrapped the idea of ​​accepting donations from Bitcoin because they considered it “Too libertarian.” However, in her campaign that year, the candidate expressed support for Blockchain.

Sources: Bitcoin.com, Decrypt, Twitter, file

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