Elizabeth Warren Calls for Stricter Crypto Regulation Amid Concerns of Fentanyl Trade Funding
Introduction: U.S. Senator Elizabeth Warren has raised concerns about the use of cryptocurrencies in funding the illicit fentanyl trade, emphasizing the need for tighter regulation of the crypto industry. During a Senate Banking Committee hearing, Warren highlighted the significant quantities of precursor drugs being exchanged for cryptocurrencies, potentially resulting in the production of billions of…