The virtual currency and payment system "has allowed users to participate in illicit activity, while also being highly unstable and disruptive to our economy," Sen. Joe Manchin wrote to regulators in a public letter released Wednesday.
Senator Urges Regulators to Ban Bitcoin
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports (including archive)
- Morning Scan Plus e‑newsletter