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White House: Crypto needs oversight to avoid harming Americans

WASHINGTON (Reuters) – Cryptocurrencies risk harming everyday Americans without proper oversight and latest news involving crypto underscores these concerns, White House press secretary Karine Jean-Pierre said on Thursday.

WASHINGTON (Reuters) – Cryptocurrencies risk harming everyday Americans without proper oversight and latest news involving crypto underscores these concerns, White House press secretary Karine Jean-Pierre said on Thursday.

She said the White House will continue to monitor developments on cryptocurrencies.

(Reporting by Trevor Hunnicutt and Steve Holland, Editing by Franklin Paul)

By Reuters

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