Senator Elizabeth Warren who is a known crypto critic appeared on CNBC to talk about regulations around the digital asset market. During her interview she said digital currencies in a way can help where major banks have failed in all these years. Warren was talking about how digital currencies can help bank the unbanked.
“One of the things I think is very interesting is a digital currency, There has been an enormous failure by the big banks to reach consumers all across the country…digital currency and central bank digital currency may be an answer there.”
"One of the things I think is very interesting is digital currency," says @ewarren. "There has been an enormous failure by the big banks to reach consumers all across the country…digital currency and central bank digital currency may be an answer there." pic.twitter.com/sCVum1GGe2
— Squawk Box (@SquawkCNBC) July 28, 2021