‘Bitcoin cuts out predatory banks’ – Deaton takes on Warren’s ‘anti-crypto army’

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‘Bitcoin cuts out predatory banks’ – Deaton takes on Warren’s ‘anti-crypto army’
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John Deaton and Elizabeth Warren clashed over crypto policies, underscoring the sector's now-pivotal role in the U.S. elections...

With the U.S. elections just weeks away, Republican candidate John Deaton and Senator Elizabeth Warren engaged in a war of words in their firstOn 15 October, the candidates put forward opposing views, particularly on the matter of cryptocurrencies.Bitcoin

“When Bitcoin came along, I thought, ‘Great, now you can cut out predatory banks and middlemen, and you can help unbanked people like my mom.”Deaton sharply criticized Warren for prioritizing an “anti-crypto army,” questioning her focus on cryptocurrency amid other pressing issues like illegal immigration, inflation, and foreign conflicts.He argued that it unfairly targets the cryptocurrency industry.

She also highlighted her concerns about the risks posed by the largely unregulated cryptocurrency market. She stated,

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