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Investors Could Lose All Of Their Money In Stablecoins — Senator Brown Warns

15/12/2021 5:25pm

ZyCrypto


Stablecoins Are Great For Payment But Bitcoin Is The Best Answer For Inflation, Says Facebook’s Crypto Chief
Investors who have invested money in stablecoins stand a higher chance of losing the money because these projects are neither transparent and regulated, nor decentralized as claimed, says United States Senator Sherrod Brown (D-OH). Speaking in a US Senate’s Banking, Housing, and Urban Affairs Committee hearing yesterday, he said the projects do not adhere to any banking regulation […] ...
Continue reading Investors Could Lose All Of Their Money In Stablecoins — Senator Brown Warns

The post Investors Could Lose All Of Their Money In Stablecoins — Senator Brown Warns appeared first on ZyCrypto.

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