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I just don’t think we have much time,” she said. “There are so many big questions that the Biden administration must address. dollar, warning that “in the wrong hands or in alliances with the wrong people,” crypto could present a direct threat to nation states and global markets.Īmid yesterday’s warning, Clinton piled the pressure on the Biden administration to take action. Just last week, Clinton said that cryptocurrencies could potentially undermine the U.S. This is not the first time that Clinton has raised the alarm over the national security threats presented by cryptocurrency. We’re looking at non-state actors, either in concert with states or on their own, destabilizing countries, destabilizing the dollar as the reserve currency.” She added that, “We’re looking at not only states such as China or Russia manipulating technology of all kinds to their advantage.
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Speaking with MSNBC TV host Rachel Maddow, Clinton made her comments amid a wider conversation about states such as China and Russia “manipulating technology” including social media, technology platforms, and cryptocurrency.Ĭlinton drew attention to the “need to regulate the cryptocurrency markets,” highlighting, “the combination of social media, the algorithms that drive social media, the amassing of even larger sums of money through the control of certain cryptocurrency chains.” Former presidential candidate Hillary Clinton has warned that the United States must act to regulate cryptocurrency in the face of states and non-state actors ‘manipulating’ it and other technologies to destabilize the dollar.