As regulators circle cryptocurrency, acting Comptroller of the Currency Michael Hsu warned that the U.S. could be heading for a new financial crisis if oversight over the industry isn’t tightened.
“If the crypto industry doesn’t evolve or is more responsible, then we will be headed” for a potential rerun of 2008, Hsu told Yahoo Finance in an exclusive interview. The official is one of several crypto skeptics within the Biden administration who have taken more of a hardline on…
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