Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […]
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Inflation Holds Steady at 2.4% in February as US Stocks Open With Caution on Geopolitical Risks
U.S. stocks opened cautiously Wednesday morning after fresh inflation data showed consumer prices rising at a steady pace in February,...
