The hearing was almost certainly the testiest in a trio of crypto-themed inquiries Tuesday morning.
In her letter to Treasury Secretary Janet Yellen, Warren cited DeFi, crypto-enabled cyber attacks and unique threats posed by stablecoins as risks to the financial system.
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
The Democrat senator said in a letter to SEC Chair Gary Gensler that she needs answers by July 28.
We're seeing regulators and lawmakers pay closer attention to crypto and, specifically, how it may be regulated.
While a Senate Banking Committee hearing ostensibly focused on central bank digital currencies, bitcoin’s role in the ecosystem drew much of the attention.