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Crypto Needs Oversight to Avoid Harming Americans, White House Says

Cryptocurrencies risk harming everyday Americans without proper oversight and the 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.

“The administration has consistently maintained that, without proper oversight of cryptocurrencies, they risk harming everyday Americans,” Jean-Pierre told reporters.  (Reuters) 

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