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Cryptocurrencies are ‘funny money,’ that ‘mirrors’ Wall Street abuses, says Senate Banking Chairman

·1 min read
Cryptocurrencies are ‘funny money,’ that ‘mirrors’ Wall Street abuses, says Senate Banking Chairman

Powerful Democrats in Congress continued to telegraph their skepticism of cryptocurrencies and blockchain technology on Tuesday, when Chairman Sherrod Brown of Ohio said that the growing economy of digital assets are putting "Americans hard-earned money at risk," during a Senate Banking Committee hearing Tuesday.