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HiIlary Clinton Urges Crypto Regulation Of Crypto Exchanges

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The mass adoption of the digital assets has been one of the most important goals that the crypto industry set. There have been a lot of moves made in this direction and they seem to continue.

Crypto regulation is an essential step for this and that’s why it’s important despite some voices in the crypto space. Now, it’s been revealed that Hillary Clinton urges the regulation of crypto exchanges for reasons that have to do with security.

It’s been just revealed that the Former Secretary of State believes that it’s necessary that the crypto exchanges deny access to Russian users as part of the United States’ broader effort to apply economic pressure. As you definitely know by now, this comes after Vladimir Putin’s invasion of Ukraine.

Clinton shows disappointment towards some exchanges

In an interview with MSNBC’s Rachel Maddow, Clinton made it pretty clear that she disagrees with the crypto exchanges which have not gone along with the US’s recently imposed sanctions against Russia.

“I was disappointed to see that some of the so-called crypto exchanges, not all of them, but some of them, are refusing to end transactions with Russia from some… philosophy of libertarianism or whatever.”

She also said:

“Everybody – and if there has to be legal or regulatory pressure – everybody should do as much as possible to isolate Russian economic activity right now. That pressure will absolutely impact Putin.”

She also discussed the ways in which governments might approach crypto regulation as part of a broader push to ensure national security.

“I think they’re starting to take seriously the need to figure out the market and to provide guardrails, as you definitely should with any kind of large financial market like this has become.”

Check out the original post shared by the Daily Hodl in order to learn more details about what she had to say.

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