TechFlow news, according to Coindesk, U.S. Senator Elizabeth Warren said in an interview that it's time for the United States to create its own central bank digital currency (CBDC). Warren stated: "Deficiencies in the banking system can be improved through digital technology. But in this case, we need a CBDC, and I think it's time to move in this direction."
When asked whether Bitcoin will face regulation at least as a commodity, Warren responded, "I think it will ultimately be regulated." Warren cited the subprime mortgage crisis that began in 2007 as an example to explain why regulation is needed. However, Warren did not specify what form the regulation might take. She also pointed out that the entire cryptocurrency market is inflating like the real estate bubble during the subprime crisis.
