@ZeroRequiem 5 December 2022 more from that month

CFTC Chairman says Crypto is a potential Threat to National Security after FTX Disaster Hey Peeps!

On December 1st, the US Senate Agriculture Committee held a hearing that was titled "Why Congress needs to ACT - Lessons from the FTX collapse".   During the hearing, the Chairman of the Commodities Futures Trading Commission, Rostin Behnam, said that cryptocurrency is "potentially a threat to national security”.  To give context, Behnam responded after being asked point-blank if cryptocurrency was a threat to national security, by Senator Roger Wayne Marshall.   The moment can be found at the 50:45 minute mark in the video.  Check out the full video of the Congressional hearing on Crypto: https://www.youtube.com/watch?v=mzmeRBaDGWk&feature=emb_title&ab_channel=YahooFinance https://www.youtube.com/embed/mzmeRBaDGWk “*Folks will find a way to get exposure to offshore entities and activities, even if it’s prohibited in the U.S. - and we have to do something about that.*” - **Rostin Behnam**, Chairman of the CFTC   This hearing was not good news for fans of decentralization.  There was a lot of fear-mongering and pushes for oversight and regulations.  I expect to see a wave of stricter laws focused on reeling in cryptocurrency and its freedoms.    **What do you guys think?**  **Do you think Crypto is a threat to national security?** **Or is this just a tactic to make it easier for government to get involved?** See ya! :)