Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report
In brief
U.S. Senator Elizabeth Warren has asked the Treasury and Fed to confirm that they would not engage in “propping up” crypto firms or investors.
Bitcoin has fallen roughly 50% from its October high.
The Treasury secretary said the government lacks authority to support Bitcoin
BTC3.54%
Decrypt·02-19 17:24
