Warsh Believes in Crypto's Place in Financial System

Warsh Believes in Crypto's Place in Financial System

Kevin Warsh suggested he’d have few qualms about opening the U.S. banking system’s doors further to cryptocurrency.

Sen. Cyntha Lummis (R., Wyo.), one of the crypto industry’s strongest advocates in the Senate, asked Warsh if “digital assets should be incorporated into our financial industry, so Americans have new investment opportunities and consumer protections.”

Warsh responded that crypto is “already part of the fabric of our financial-services industry in the United States, yes.”

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