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Crypto’s Image Takes Beating in Washington, Dimming Fans’ Hopes

  • Bitcoin ETF among products at risk of being sidelined
  • Elizabeth Warren calls tokens a ‘haven for criminals’
Bloomberg business news
U.S. Senator Elizabeth Warren talks to Joe Weisenthal on why she wants cryptocurrencies regulated more heavily.Source: Bloomberg

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Just a few months ago, crypto enthusiasts were hopeful that Washington was warming to digital assets. But cyberattacks demanding Bitcoin ransoms, wild trading and rebukes from regulators have eroded their optimism.